2025 Winners


Each year, the With Intelligence HFM APAC Performance Awards 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 Winners



Asia Equity
AGT Partners

Fund name: Ginko-AGT Global Growth Fund

Asia Equity exc Japan
Platinum Asset Management

Fund name: Platinum Asia Fund

Australia Equity
Firetrail Investments

Fund name: Firetrail Absolute Return Fund

China Equity (Over $500m)
Triata Capital

Fund name: Triata China Equity Master Fund

China Equity (Up to $500m)
Golden Nest Capital Management

Fund name: Golden Nest Greater China Fund

Credit
Prudence Investment Management

Fund name: Prudence Multi-Strategy - Credit

Digital Assets
Apollo Crypto

Fund name: Apollo Crypto Market Neutral Fund

Event Driven (Over $500m)
Strategic Capital

Fund name: Japan-Up Unit Trust

Event Driven (Up To $500m)
Auspicious Capital Management

Fund name: Zongyi Auspicious Global Opportunity Fund

Fixed Income (Over $500m)
Alceon Group

Fund name: Alceon Australian Real Estate Corporate Senior Loan Fund

Fixed Income (Up To $500m)
Merricks Capital

Fund name: Merricks Capital Agriculture Credit Fund

Fund of Hedge Funds
Nanjia Capital

Fund name: ATAF Sub Fund

Global Equity (Over $500m)
CloudAlpha Capital Management

Fund name: Singularity Master Fund

Global Equity (Up to $500m)
Global Value Chain Investment Corporation

Fund name: Golden Eagle Global Trends Fund

Indian Equity (Over $500m)
Alpha Alternatives Fund Advisors

Fund name: Alpha Alternatives Equity Absolute Return Strategy

Indian Equity (Up to $500m)
ASK Investment Managers

Fund name: ASK Absolute Return Fund

Japan Equity
Sector Asset Management

Fund name: Sector Zen Fund

Macro (Over $500m)
LHG Capital Management

Fund name: LHG Premium Investments Fund

Macro (Up to $500m)
Lakefront Asset Management

Fund name: Lakefront No.4 China Macro Fund

Multi-Strategy
Step Capital Management

Fund name: Step Investment Fund I

Quant Equity
OQ Funds Management

Fund name: OQ Asia Absolute Alpha Fund

Relative Value
Abans Investment Managers

Fund name: Abans Global Arbitrage Fund

UCITS
BlackRock

Fund name: BSF BlackRock Systematic Asia Pacific Equity Absolute Return Fund

Managed Futures
TrueAlpha Technology Asset Management

Fund name: PMC Managed Futures Segregated Portfolio

Emerging Manager - Smaller Fund - Equity
Paragon Funds Management

Fund name: Paragon Australian Long Short Fund

Emerging Manager - Smaller Funds - Non-Equity
Cornucopia Capital Partners

Fund name: Cornucopia Contra OFC

New Fund of the Year
Going Asset Management

Fund name: Going Investment Fund

Management Firm of the Year
CloudAlpha Capital Management Limited
Fund of the Year
Lakefront Asset Management

Fund name: Lakefront No.4 China Macro Fund

Billion Dollar Fund of the Year
UG Investment Advisers

Fund name: UG Hidden Dragon Special Opportunity Fund

Longer-term: Fixed Income/Credit
Coolabah Smart Money
Longer-term: Equity Strategies
Simplex Oyako Strategy
Longer-term: Macro/Futures
AVM Global Opps Fund
Longer-term: Multi-Strategy
L1 Capital Global Opps Fund
Global Manager - Multi-Strategy
Schonfeld Strategic Partners Fund

Fund name: Schonfeld Strategic Advisors

Global Manager - Macro & Futures
BlackRock Global Alpha Opportunities Fund

Fund name: Blackrock

Global Manager - Fixed Income/Credit
AG Mortgage Value Partners

Fund name: TPG Angelo Gordon

Global Manager - Equity Strategies
Man Numeric Quantitative Alpha Strategy

Fund name: Man Group