Alternative IQ Announces the Top Contenders for the 2023 Canadian Hedge Fund Awards
Newsfile Corp.
·10 min read
Toronto, Ontario--(Newsfile Corp. - September 27, 2023) - Alternative IQ today announced the Top Contenders for the 2023 Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry. Winners will be announced on Tuesday, October 17th at the Gala Awards Dinner at One King West Hotel in Toronto.
The annual Canadian Hedge Fund Awards help investors identify the best performing hedge funds by recognizing winners in 5 performance measures across 6 categories as well as the Overall Best 2023 Canadian Hedge Fund. The awards are based solely on quantitative performance data to June 30th, which is collected and tabulated by Fundata Canada to determine the winners.
A total of 264 Canadian Hedge Funds - the highest number ever - were considered for a 2023 Canadian Hedge Fund Award. For the full Directory of Canadian Hedge Funds, check here: http://alternativeiq.com/hf-directory/ where you will also see a chart as at June 30, 2023 of Average Performance by Hedge Fund Category.
In alphabetical order, the Top Contenders for 2023 Canadian Hedge Fund Awards are:
Overall Best 2023 Canadian Hedge Fund: (based on 10 year best combined annualized return and Sharpe ratio).
Arrow Performance Fund Broadview Dark Horse LP (Ewing Morris & Co.) Forge First Long Short LP Forge First Multi Strategy LP GFI Good Opportunities Fund HGC Fund LP (The) Highstreet Global Equity Fund Kensington Alternative Strategies Fund Pathfinder Partners' Fund Waratah Performance
2023 CHFAwards - Equity Focused:
Best 1 Year Return
Best 3 Year Return
Best 5 Year Return
Agilith North American Diversified Fund GFI Good Opportunities Fund Highstreet Global Equity Fund King & Victoria Fund LP Kipling Global Enhanced Growth Fund Palos-Mitchell Alpha Fund QW Enhanced Global Equity Growth ROMC Fund Tralucent Global Equity Fund Wealhouse Lions Bay Fund
Agilith North American Diversified Fund Broadview Dark Horse LP (Ewing Morris & Co.) Canoe Energy Alpha Fund LP King & Victoria Fund LP MMCap Canadian Fund ROMC Fund SMI Defensive LP Viking Global Value Fund Wealhouse Lions Bay Fund XIB Fund
Broadview Dark Horse LP (Ewing Morris & Co.) Canoe Energy Alpha Fund LP King & Victoria Fund LP Kipling Global Enhanced Growth Fund Lynwood Opportunities Fund MMCap Canadian Fund Pathfinder Partners' Fund Pathfinder Resource Fund SMI Defensive LP Timelo Strategic Opportunities Fund
Best 3 Year Sharpe Ratio
Best 5 Year Sharpe Ratio
Agilith North American Diversified Fund Broadview Dark Horse LP (Ewing Morris & Co.) Canoe Energy Alpha Fund LP JC Clark Opportunity Fund Picton Mahoney Long Short Equity Fund SMI Defensive LP Timelo Strategic Opportunities Fund Tralucent Global Equity Fund Viking Global Value Fund Wealhouse Lions Bay Fund
Broadview Dark Horse LP (Ewing Morris & Co.) Canoe Energy Alpha Fund LP Forge First Long Short LP Kipling Global Enhanced Dividend Fund Kipling Global Enhanced Growth Fund Lynwood Opportunities Fund Picton Mahoney Long Short Equity Fund SMI Defensive LP Timelo Strategic Opportunities Fund Waratah Performance
2023 CHFAwards - Credit Focused:
Best 1 Year Return
Best 3 Year Return
Best 5 Year Return
Algonquin Debt Strategies Fund LP Dynamic Credit Absolute Return Fund East Coast Investment Grade Fund II (Arrow) East Coast Strategic Credit Trust Ewing Morris Flexible Fixed Income Fund LP NorthStream Credit Strategies Fund LP RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund YTM Capital Credit Opportunities Fund
East Coast Investment Grade Fund II (Arrow) East Coast Strategic Credit Trust Focus Asset Management Credit Opportunities Fund Fulcra Credit Opportunities Fund Goodwood Milford Fund NorthStream Credit Strategies Fund LP Picton Mahoney Special Situations Fund RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund
East Coast Investment Grade Fund II (Arrow) East Coast Strategic Credit Trust Fulcra Credit Opportunities Fund Goodwood Milford Fund Kipling Strategic Income Fund Marret Investment Grade Hedged Strategies Fund NorthStream Credit Strategies Fund LP Picton Mahoney Special Situations Fund Purpose Credit Opportunities Fund RP Select Opportunities Fund
2023 CHFAwards - Credit Focused (Cont'd):
Best 3 Year Sharpe Ratio
Best 5 Year Sharpe Ratio
Dynamic Credit Absolute Return Fund East Coast Investment Grade Fund II (Arrow) East Coast Strategic Credit Trust Focus Asset Management Credit Opportunities Fund Fulcra Credit Opportunities Fund Kipling Strategic Income Fund NorthStream Credit Strategies Fund LP RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund
Dynamic Credit Absolute Return Fund East Coast Investment Grade Fund II (Arrow) East Coast Strategic Credit Trust Fulcra Credit Opportunities Fund Kipling Strategic Income Fund Marret Investment Grade Hedged Strategies Fund Ninepoint Credit Income Opportunities Fund NorthStream Credit Strategies Fund LP Picton Mahoney Special Situations Fund RP Select Opportunities Fund
2023 CHFAwards - Market Neutral:
Best 1 Year Return
Best 3 Year Return
Best 5 Year Return
Altema Diversified Equity Market Neutral Fund CC&L Diversified Market Neutral Fund CC&L Global Market Neutral CC&L Market Neutral Fund HGC Fund LP (The) Picton Mahoney Arbitrage Fund Picton Mahoney Arbitrage Plus Fund Picton Mahoney Market Neutral Equity Fund RBC QUBE Market Neutral Canadian Equity RBC QUBE Market Neutral World Equity
Altema Diversified Equity Market Neutral Fund CC&L Global Market Neutral HGC Fund LP (The) PCJ Absolute Return Picton Mahoney Arbitrage Fund Picton Mahoney Arbitrage Plus Fund Picton Mahoney Market Neutral Equity Fund RBC QUBE Market Neutral World Equity Traynor Ridge TR1 Fund Waratah One X
Amethyst Arbitrage Fund (Canada) CC&L Diversified Market Neutral Fund CC&L Global Market Neutral HGC Fund LP (The) PCJ Absolute Return Picton Mahoney Arbitrage Fund Picton Mahoney Arbitrage Plus Fund Picton Mahoney Market Neutral Equity Fund Waratah One Waratah One X
Best 3 Year Sharpe Ratio
Best 5 Year Sharpe Ratio
Altema Diversified Equity Market Neutral Fund CC&L Global Market Neutral HGC Fund LP (The) PCJ Absolute Return Picton Mahoney Arbitrage Fund Picton Mahoney Arbitrage Plus Fund Picton Mahoney Market Neutral Equity Fund RBC QUBE Market Neutral World Equity Traynor Ridge TR1 Fund Waratah One X
Amethyst Arbitrage Fund (Canada) CC&L Diversified Market Neutral Fund CC&L Global Market Neutral HGC Fund LP (The) PCJ Absolute Return Picton Mahoney Arbitrage Fund Picton Mahoney Arbitrage Plus Fund Picton Mahoney Market Neutral Equity Fund Waratah One Waratah One X
2023 CHFAwards - Global Macro/Managed Futures/Multi-Strategy:
Best 1 Year Return
Best 3 Year Return
Best 5 Year Return
Compass Alternative Asset Fund Fieldhouse Enhanced Pension Plus Invesco Global Targeted Returns Pool Level 3 Total Return Opportunities Fund Meckelborg MFG Diversified Strategy Fund Northfront Alternative Asset Fund Palos Income Fund, LP Picton Mahoney Absolute Alpha Fund Viewpoint Global Multi-Asset Trust Viewpoint Global Risk Parity L.P.
Compass Alternative Asset Fund Dynamic Income Opportunities Fund Fieldhouse Enhanced Pension Plus Forge First Multi Strategy LP Level 3 Total Return Opportunities Fund Northfront Alternative Asset Fund Palos Income Fund, LP PH&N Absolute Return Fund SMI Opportunities LP Viewpoint Global Risk Parity L.P.
AIP Convertible Private Debt Fund LP CC&L Absolute Return Fund Forge First Multi Strategy LP K2 Principal Fund LP (The) K2 Principal Trust (The) Kensington Alternative Strategies Fund Level 3 Total Return Opportunities Fund MacNicol & Associates Alternative Asset Trust Palos Income Fund, LP SMI Opportunities LP
Best 3 Year Sharpe Ratio
Best 5 Year Sharpe Ratio
Capstone Non-Traditional Equity Pool Fund Compass Alternative Asset Fund Fieldhouse Enhanced Pension Plus Forge First Multi Strategy LP Kensington Alternative Strategies Fund Level 3 Total Return Opportunities Fund Northfront Alternative Asset Fund Palos Income Fund, LP RBC Multi-Strategy Alpha Fund SMI Opportunities LP
AIP Convertible Private Debt Fund LP Capstone Non-Traditional Equity Pool Fund CC&L Absolute Return Fund Forge First Multi Strategy LP K2 Principal Fund LP (The) Kensington Alternative Strategies Fund Level 3 Total Return Opportunities Fund MacNicol & Associates Alternative Asset Trust SMI Opportunities LP TURN8 Alternative Fund
2023 CHFAwards - Private Debt:
Best 1 Year Return
Best 3 Year Return
Best 5 Year Return
Capstone Private High Income Pool Celernus Pivot Private Credit Fund Cortland Credit Strategies LP Invico Diversified Income Fund KIWI Business Credit Fund LP NWM Private Debt Fund Portland Private Income Fund Qwest Productivity Media Income Trust Westbridge Capital Partners Income Trust Westmount Alternative Income Fund
Capstone Private High Income Pool Celernus Pivot Private Credit Fund Invico Diversified Income Fund Next Edge Private Debt Fund Ninepoint TEC Private Credit Fund NWM Private Debt Fund Portland Private Income Fund Purpose Specialty Lending Trust Qwest Productivity Media Income Trust Westbridge Capital Partners Income Trust
Cortland Credit Strategies LP Invico Diversified Income Fund Next Edge Private Debt Fund Ninepoint Alternative Income Fund Ninepoint Canadian Senior Debt Fund Ninepoint TEC Private Credit Fund NWM Private Debt Fund Portland Private Income Fund Qwest Productivity Media Income Trust Westbridge Capital Partners Income Trust
2023 CHFAwards - Private Equity
Best 1 Year Return
Best 3 Year Return
Best 5 Year Return
Bridgeport Private Equity Opportunities Fund Caldwell Growth Opportunities Fund Canoe Global Private Equity Fund Fiera Global Private Equity Fund Hamilton Lane Global Private Assets Kensington Private Equity Fund MacNicol & Associates Emergence Fund Portland Global Sustainable Evergreen LP Quintessence Wealth Enhanced Private Debt/Equity Fund Yorkville Pre-IPO Equity LP
Caldwell Growth Opportunities Fund Fiera Global Private Equity Fund Kensington Private Equity Fund MacNicol & Associates Emergence Fund Portland Global Sustainable Evergreen LP Quintessence Wealth Enhanced Private Debt/Equity Fund
Caldwell Growth Opportunities Fund Kensington Private Equity Fund MacNicol & Associates Emergence Fund Portland Global Sustainable Evergreen LP
The 16th Annual Canadian Hedge Fund Awards Gala Dinner will be held on Tuesday, October 17, 2023 in the Grand Banking Hall at One King West Hotel, Toronto
The 2023 Canadian Hedge Fund Awards will be announced, and trophies presented to the Winners, at the Gala Awards Dinner. A networking Cocktail Reception begins at 5:00pm. The dinner will commence at 6:30pm with a Keynote Address by Thomas Kennedy, Chairman, Kensington Capital Partners, recipient of the 2022 Best Overall Canadian Hedge Fund Award. Interested fund managers, investors, and industry experts can find out more information and purchase tickets here: www.alternativeiq.com.
Fundata Canada is the Principal Sponsor of the 2023 Canadian Hedge Fund Awards program. This year's CHFA Program and its Gala Awards Dinner would simply not be possible without their generous support and that of all the sponsors and event partners including GFI Investment Counsel, HGC Investment Management, Interactive Brokers Canada, MNP, National Bank, Newsfile, RBC Capital Markets, Scotiabank, SGGG Fund Services, Sigma Sandbox and TD Bank.
For more information about the CHFA program and to register for the event, go to: www.alternativeiq.com or contact:
About Alternative IQ: Alternative IQ is dedicated to celebrating, supporting and expanding Canada's Hedge Fund Industry. AIQ produces the annual Canadian Hedge Fund Awards program and its presentation event (performance as at June 30th), along with THE Annual Canadian Hedge Fund Conference. Alternative IQ also produces the annual CHFA Winners Showcase Investor Conferences, at which the Managers of award-winning hedge funds present to investors, and produces various other programs and publications serving the hedge fund industry in Canada. Alternative IQ is a division of Alliance Sales and Marketing, Inc.
About the Annual Canadian Hedge Fund Awards: The Annual Canadian Hedge Fund Awards were first held in 2008 and have a two-fold objective: first, to recognize and celebrate the talent in Canada's hedge fund industry and, second, to raise awareness of that expertise throughout the wider investment community. The Canadian Hedge Fund Awards are based solely on quantitative performance data to June 30th, with Fundata Canada managing the collection and tabulation of the data to determine the winners.
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