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 Winner interviews




Event Driven (Up To $500m)

Auspicious Capital Management

Zongyi Auspicious Global Opportunity Fund


Global Equity (Up to $500m)

Global Value Chain Investment Corporation

Golden Eagle Global Trends Fund


Billion Dollar Fund of the Year

UG Investment Advisers

Hidden Dragon Special Opportunity Fund

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 Hedge Solutions

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 (5 years): Credit
Coolabah Capital Investments

Fund name:  Smarter Money Long-Short Credit Fund

Longer-term (5 years): Equity Strategies
Simplex Asset Management

Fund name: Simplex Oyako Strategy

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

Global $1bn+ Manager - Multi-Strategy
Schonfeld Strategic Advisors

Fund name:  Schonfeld Strategic Partners Fund

Global $1bn+ Manager - Macro & Futures
Blackrock

Fund name: BlackRock Global Alpha Opportunities Fund

Global $1bn+ Manager - Fixed Income/Credit
AG Mortgage Value Partners

Fund name: TPG Angelo Gordon

Global $1bn+ Manager - Equity Strategies
Man Group

Fund name: Man Numeric Quantitative Alpha Strategy