The third edition of the Hedgeweek Awards, presented today in London’s Mayfair, take place against a backdrop of last year’s tough climate for hedge fund managers and their service providers in which the industry had to call upon all its ability and expertise to make headway and retain the trust of investors – which in general it did.
Already indications are that 2012 could be a significantly better year for the hedge fund industry, in terms of both performance and fundraising, as it successfully copes with challenges such as investor demands for greater transparency, tighter regulation in many parts of the world, and an ever-growing compliance and reporting burden.
As in previous years, the awards were determined by the votes of Hedgeweek’s 41,000 subscribers, who include individual and institutional investors as well as fund managers and other industry professionals at firms including fund administrators, prime brokers, custodians, law firms, consultants and advisers.
The 2012 Hedgeweek Awards honour the resilience of the industry as it copes with a succession of financial and economic upheavals that began nearly five years ago, and that have ultimately contributed to its manifestly increased maturity and professionalism.
The winners of the Hedgeweek Awards 2012 are:
Best North American Hedge Fund Administrator: JP Morgan Hedge Fund Services
Best Asian Hedge Fund Administrator: BNY Mellon
Best European Hedge Fund Administrator: Credit Suisse Prime Fund Services
Best Offshore Hedge Fund Administrator: JP Fund Administration
Best North American Prime Broker: Pershing Prime Services
Best European Prime Broker: UBS Prime Services
Best Asian Prime Broker: Deutsche Bank
Best Managed Accounts Platform: Lyxor Asset Management
Best Ucits Platform: Matrix Asset Management
Best Hedge Fund Seeding Platform: IMQubator
Best Risk Management Software: PerTrac RiskPlus
Best Long/Short Fund Manager: Dalton Strategic Partnership
Best Market Neutral Fund Manager: Saemor Capital
Best Relative Value Fund Manager: PIMCO
Best Convertible Arbitrage Manager: Mohican Financial Management
Best Managed Futures Manager/CTA: NuWave Investment Management
Best Fixed-Income Fund Manager: Ashmore Investment Management
Best Multistrategy Fund Manager: Barclays Capital Fund Solutions
Best Absolute Return Fund Manager: Bernheim, Dreyfus & Co.
Best Event-Driven Fund Manager: P. Schoenfeld Asset Management
Best Global Macro Fund Manager: Brevan Howard
Best Ucits-Compliant Product: Standard Life Investments
Best Diversified Fund of Hedge Funds Manager: Liongate Capital Management
Best Specialist Fund of Hedge Funds Manager: EIM Group
Best Fund Accounting and Reporting System: Linedata
Best Managed Accounts Technology: Eze Castle Integration
Best European Trading Venue: Deutsche Börse
Best North American Trading Venue: NYSE Arca
Best Asian Trading Venue: Singapore Stock Exchange
Best European Accounting Firm: Ernst & Young
Best European Regulatory Advisory Firm: IMS Group
Best Offshore Regulatory Advisory Firm: Carne Group
Best North American Public Relations Firm: Walek & Associates
Best European Public Relations Firm: Peregrine Communications
Best European Law Firm: Simmons & Simmons
Best Offshore Law Firm: Ogier
Best Third-Party Marketing Firm: Alpha UCITS
Best North American Third-Party Marketing Firm: Agecroft Partners
Best North American Accounting Firm: Anchin, Block & Anchin
Best North American Law Firm: Seward & Kissel