2026 Winners


Each year, the With Intelligence Hedge Fund Performance Awards | APAC celebrates excellence in hedge fund performance.

The winners were determined objectively, using a combination of Sharpe ratio and absolute return, ensuring that the Awards reflect the two primary aims of hedge funds – to manage volatility, and to deliver positive returns for investors.

Competition was fierce, with a significant number of outstanding nominations - all the more reason to congratulate our winners! 

2025 Winner interviews




Digital Assets

Apollo Crypto

Apollo Crypto Market Neutral Fund


Event Driven (Up To $500m)

Auspicious Capital Management

Zongyi Auspicious Global Opportunity Fund


Longer-term (5 years): Macro/Futures

AVM Capital

AVM Global Opportunity Fund


Emerging Manager - Smaller Funds - Non-Equity

Cornucopia Capital Partners

Cornucopia Contra OFC


Global Equity (Up to $500m)

Global Value Chain Investment Corporation

Golden Eagle Global Trends Fund


Multi-Strategy

Step Capital Management

Step Investment Fund I


Billion Dollar Fund of the Year

UG Investment Advisers

Hidden Dragon Special Opportunity Fund

2026 Winners



Asia Equity (Over $500m)
FengHe Fund Management

Fund name: FengHe Asia Fund


Asia Equity (Up to $500m)
Tantallon Capital

Fund name: Tantallon Fund

Asia Equity exc Japan
RAYS Capital Partners

Fund name: Asian Technology Absolute Return Fund

Asia Non-Equity (Over $500m)
Siegfried Asset Management

Fund name:  VTeam Siegfried Supply Chain Finance Fund

Asia Non-Equity (Up to $500m)
Ternary Fund Management

Fund name: Ternary Cypress Fund

Australia Equity
L1 Capital

Fund name: L1 Capital Long Short Fund

Best ESG Fund
Tantallon Capital

Fund name: Tantallon Tech & Sustainability Fund

Billion Dollar Fund of the Year
CloudAlpha Capital Management

Fund name: Singularity Master Fund

China Equity (Over $500m)
Daoyi Asset Management

Fund name: Daoyi Equity Long Short Fund

China Equity (Up to $500m)
Epimelis Capital

Fund name: Epimelis China Absolute Return Master Fund

Credit (Over $500m)
Merricks Capital

Fund name: Merricks Capital Partners Fund

Credit (Up to $500m)
Goldleaf Australian Asset Management

Fund name: Goldleaf Australian Income Fund

Digital Assets
Azure Tide Holdings

Fund name: Azure Tide Yield Generation Fund

Emerging Manager - Smaller Fund - Equity Strategies
Regal Funds Management

Fund name: Regal Partners Global Investments Master Fund

Emerging Manager - Smaller Fund - Non-equity
Lakefront Asset Management

Fund name: Lakefront Four Season Balanced Fund I

Event Driven (Over $500m)
Athos Capital

Fund name: Athos Asia Event Driven Fund

Event Driven (Up to $500m)
LIM Advisors

Fund name: LIM Japan Event Fund

Fixed Income (Over $500m)
Alceon Group

Fund name: Alceon Australian Real Estate Corporate Senior Loan Fund

Fixed Income (Up to $500m)
Aura Funds Management

Fund name: Aura Private Credit Income Fund

Fund of Hedge Funds
Fountainhead Partners Company

Fund name: Fountainhead Alternative Vehicle

Fund of the Year
Ten Asset Management

Fund name: Spring River Greater China Fund

Global $1bn+ Manager: Equity Strategies
Citadel

Fund name:  Citadel Tactical Trading

Global $1bn+ Manager: Fixed Income/Credit
Orchard Global Asset Management

Fund name: Taiga Special Opp Fund DAC

Global $1bn+ Manager: Macro & Futures
AQR Capital Management

Fund name: AQR Managed Futures UCITS Fund

Global $1bn+ Manager: Multi-strategy
Point72 Asset Management

Fund name: Point72 Capital LP

Global Equity (Over $500m)
CloudAlpha Capital Management

Fund name: Singularity Master Fund

Global Equity (Up to $500m)
Hong Kong LFountain Capital

Fund name: LFountain Capital Master Fund

India Equity
Alpha Alternatives Fund Advisors

Fund name: Alpha Alternatives Equity Absolute Return Strategy

Japan Equity
Zyg

Fund name: Zyg Fund

Longer Term (5 years): Equity Strategies
LIM Advisors 

Fund name: LIM Japan Event Fund

Longer Term (5 years): Fixed income/Credit
Prudence Investment Management

Fund name: Prudence Multi-Strategy SPC - Credit

Longer-term (5 years): Macro/Futures
AVM Capital

Fund name: AVM Global Opportunity Fund

Longer-term (5 years): Multi-Strategy
L1 Capital

Fund name:  L1 Capital Global Opportunities Fund

Macro (Over $500m)
LHG Capital Management

Fund name:  LHG Premium Investments Fund

Macro (Up to $500m)
CTI Capital Management

Fund name: CTI Capital Global Opportunities Fund

Management Firm of the Year
Lakefront Asset Management
Multi-Strategy (Over $500m)
Pinpoint Asset Management

Fund name: Pinpoint Multi-Strategy Fund

Multi-Strategy (Up to $500m)
AGT Partners

Fund name:  Ginko-AGT Global Growth Fund

New Fund of the Year
Daoyi Asset Management

Fund name: Daoyi Equity Long Short Fund

Quant Equity
ActusRayPartners

Fund name: ActusRayPartners European Alpha Fund


Relative Value
Going Asset Management

Fund name: Going Investment Fund SPC - Going Algo SP2


UCITS
Schroders Capital

Fund name: Schroder ISF Asian Convertible Bond