2024 Winners
Each year, the With Intelligence HFM APAC Performance Awards celebrates excellence in hedge fund performance.
The spectacular 2024 Awards ceremony took place on 16 September at the iconic Renaissance Harbour View in Hong Kong where we celebrated the hedge fund industry's star risk-adjusted performers, across a range of diverse categories.
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!
2024 Winners
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Asia Equity
Aurigin Fund
Aurigin Capital Management
Asia Equity exc Japan
Cheetah Korea Value Fund
ANDA Asset Management
Australia Equity
Regal Australian Small Companies Fund
Regal Funds Management
China Equity (Above $500m)
First Beijing First China Fund
First Beijing Investment
China Equity (Below $500m)
Horizon China
HD Capital
Credit
Alexander Credit Opportunities Fund
Alexander Funds Management
Digital Assets
Golden Pear Genesis Fund Cayman
Golden Pear Capital
Emerging Manager - Smaller Funds - Macro, Futures, Fixed Income & RV
Quantos Global Fund
Quantos Capital
Emerging Manager - Smaller Fund - Equity Strategies
Black Crane Asia Pacific Opportunities Fund
Black Crane Investment Management
Event Driven
LIM Japan Event Fund
LIM Advisors
Fixed Income
Aura High Yield SME Fund
Aura Funds Management
Fund of Hedge Funds
ATAF Sub Fund
Nanjia Capital
Global $1bn+ Manager - Equity Strategies
Schonfeld Fundamental Equity Fund
Schonfeld Strategic Advisors
Global $1bn+ Manager - Macro, Futures, Fixed Income & RV
D.E. Shaw Oculus
D.E. Shaw Group
Global $1bn+ Manager - Multi-strategy
Verition Multi-Strategy Fund
Verition Fund Management
Global Equity (Above $500m)
Munro Global Growth Fund
Munro Partners
Global Equity (Below $500m)
FengHe Opportunities Fund
FengHe Fund Management
India Equity (Above $500m)
Karma Wealth Builder
Karma Capital
India Equity (Below $500m)
First Water India Fund
First Water Capital
Japan Equity (Above $500m)
SPARX Japan Long-Short Fund
SPARX Asia Capital Management
Japan Equity (Below $500m)
Japan-Up Unit Trust
Strategic Capital
Longer Term (5 years) - Equity Strategies
Japan-Up Unit Trust
Strategic Capital
Longer Term (5 years) - Macro, Futures, Fixed Income & RV
LHG Premium Investments Fund
LHG Capital Management
Longer Term (5 Years) - Multi-strategy
L1 Capital Global Opportunities Fund
L1 Capital
Macro (Above $500m)
LHG Premium Investments Fund
LHG Capital Management
Macro (Below $500m)
LC Beacon Global Fund
Lighthouse Canton
Managed Futures
Eagle China Fund
Eagle Labs Capital
Multi-Strategy
Kai Capital
Kai Capital
Quant Equity
Nipun Asia Total Return Fund
Nipun Capital
Relative Value
Abans Global Arbitrage Fund
Abans Investment Managers
UCITS
Nippon Growth Fund
E.I. Sturdza Strategic Management
Management Firm of the Year
Regal Funds Management
New Fund of the Year
ActusRayPartners Asian Alpha Strategy
ActusRayPartners
Fund of the Year
Japan-Up Unit Trust
Strategic Capital
Billion Dollar Fund of the Year
Quantedge Global Fund
Quantedge
2023 Winners
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Arbitrage (Arbitrage & Relative Value)
New Frontier GO Fund SPC - New Frontier Absolute Return Fund
Water Wood Capital Management
Arbitrage (Quant & Market Neutral)
Mozi Fund SPC - Mozi Currency Fund
Water Wood Capital Management
Asia ex Japan
FengHe Fund Management
FengHe Fund Management
Asia inc Japan
Aurigin Fund
Aurigin Capital Management
Australian Equity
Salt Long Short Fund
Salt Funds Management
Chinese Equity
OP New Economy Growth Fund
Oscar and Partners Capital Limited
Credit & Specialist Finance
Merricks Capital Agriculture Credit Fund
Merricks Capital
Digital Assets
Elite SPC - Fore Elite Flagship Fund
Fore Elite Capital Management
Emerging Manager & Smaller Fund - Equity Strategies
LIM Japan Event Fund
LIM Advisors
Emerging Manager & Smaller Fund - Macro, Fixed Income & Relative Value
Ten Fund
Ten Asset Management
Event Driven & Distressed
Unifi Alternative Investment Fund
Unifi Capital
Fixed Income
Aura High Yield SME Fund
Aura Funds Management
Fund of Hedge Funds
ATAF Sub Fund
Nanjia Capital
Global Equity (Above $500 million)
UG Hidden Dragon Special Opportunity Fund
UG Investment Advisers
Global Equity (Below $500 million)
PM Capital Global Companies Fund
PM Capital
Indian Equity
Alpha Alternatives Equity Absolute Return Strategy
Alpha Alternatives Fund Advisors
Japanese Equity
Japan-Up Unit Trust
Strategic Capital
Macro
Arminius Capital ALPS Fund
Arminius Capital Advisory
Managed Futures, Commodities and FX
Alpha Meow Fortune Grace Fund
Meow Capital
Multi Strategy
Theoria Multi-Strategy Fund
Theoria Capital Management
UCITS
Kotak Funds: India Midcap Fund
FundRock Management Company
New Fund of the Year
Epimelis China Absolute Return Master Fund
Epimelis Capital
Management Firm of The Year
Simplex Asset Management
Fund of the Year
Arminius Capital ALPS Fund
Arminius Capital Advisory
Billion Dollar Fund of the Year
Ariose China Growth Fund
Ariose Capital Management
Long Term - 3 Years
Atyant Capital India Fund
Atyant Capital Management
Long Term - 5 Years
L1 Capital Global Opportunities Fund
L1 Capital
Long Term - 10 Years
UG Hidden Dragon Special Opportunity Fund
UG Investment Advisers
2022 Winners
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Management Firm of the Year
UG Investment Advisers
Fund of the Year
Ariose China Growth Fund
Ariose Capital Management
Billion Dollar Fund of the Year
UG Greater China Multi-Strategy Fund
UG Investment Advisers
New Fund of the Year
Dilead Supreme No.1 Hedge Fund
Shanghai Dilead Asset
Arbitrage (Arbitrage & Relative Value)
New Frontier GO Fund SPC - New Frontier Absolute Return Fund SP
Water Wood Group
Arbitrage (Quant & Market Neutral)
Regal Tasman Market Neutral
Regal Funds Management
Asia ex Japan
GAO Black Lotus VCC - ASV Fund
GAO Capital
Asia inc Japan
Panah Fund
AIMS Asset Management
Australian Equity
CC Sage Capital Absolute Return Fund
Sage Capital
Chinese Equity
Ariose China Growth Fund
Ariose Capital Management
Digital Assets
Pythagoras Investment Management LLC - US Fund
Pythagoras Investment Management
Emerging Manager / Smaller Fund - Equity
The Atlantic Pacific Australian Equity Fund
APSEC Funds Management
Emerging Manager / Smaller Fund - Non-Equity
Ascent Global Futures
Pilgrim Partners Asia
Event Driven
Simplex Value Up Strategy
Simplex Asset Management
Fixed Income, High Yield & Distressed
Aura High Yield SME Fund
Aura Funds Management
Fund of Hedge Funds
ATAF Sub Fund
Nanija Capital
Global Equity
Regal Tactical Opportunities Fund
Regal Funds Management
Indian Equity
Avendus Absolute Return Fund
Avendus Capital Public Markets Alternate Strategies
Japanese Equity
Nomura Japanese Equity Market Neutral - Dual Alpha Strategy
Nomura Asset Management
Long Term Performance - 10 Years
WIM Global Fund
Value Star Asset Management
Long Term Performance - 5 Years
L1 Capital Global Opportunities Fund
L1 Capital
Long Term Performance - 3 Years
WIM Global Fund
Value Star Asset Management
Macro
Bright Stream Macro Fund
Bright Stream Capital Management
Managed Futures, Commodities and FX
GCI Systematic Macro Strategy
GCI Asset Management
Multi Strategy
L1 Capital Global Opportunities Fund
L1 Capital
Single Country
Brooker Sukhothai Fund
Swiss-Asia Financial Services
Specialist Finance & Credit
VTeam Siegfried Supply Chain Finance Fund
Siegfried Asset Management
UCITS - Equity
Fourton Komodo Indonesia
Fourton Oy
UCITS - Non Equity
Schroder ISF Asian Bond Total Return
Schroders Investment Management
2021 Winners
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Arbitrage (Relative Value / Quant & Market Neutral)
Regal Investment Trust
Regal Funds Management
Asia ex Japan – Over US$500M
PYN Elite
PYN Fund Management Ltd
Asia Ex Japan – Under US$500M
Asian Equity Special Opportunities Portfolio
RAYS Capital Partners Limited
Digital Assets
Fore Elite Capital Management
Elite SPC - Fore Elite Flagship Fund
Ternary Fund Management
Alphanonce Market Neutral Feeder
Australian Equity
Sandon Capital Master Fund
Sandon Capital
Chinese Equity – Over US$250M
GH China Century Fund
LyGH Capital Pte Ltd
Chinese Equity - Under US$250M
SVI Value Multiplier Fund
Strategic Vision Investment
Emerging Manager / Smaller Fund (US10M – US$50M)
Tantallon Tech & Sustainability Fund
Tantallon Capital Limited
Event Driven
Athos Asia Event Driven Fund
Athos Capital Limited
Fixed Income, High Yield & Distressed
Everbright Dynamic Bond Fund
China Everbright Asset Management Ltd
Fund of Hedge Funds
Gopher China Equity Selection Fund
Gopher Asset Management
Global Equity – Over US$250M
Pure Heart Value Investment Fund
Pureheart Capital Asia Limited
Global Equity - Under US$250M
Trafalgar Capital - Trafalgar Trading Fund
Trafalgar Capital Management (HK) Limited
Indian Equity
Hornbill Orchid India Fund
Hornbill Capital Advisors LLP
Japanese Equity
Zyg Fund
Zyg Pte Ltd
Long Term Awards: 3 Years (Over US$250M)
CloudAlpha Tech Fund
CloudAlpha Capital Management Ltd
Long Term Awards: 5 Years (Over US$500M)
Anatole Partners Master Fund
Anatole Investment Management Limited
Macro - Over US$500M
Quantedge Global Fund
Quantedge Capital
Macro – Under US$500M
AVM Global Opportunity Fund
Swiss-Asia Financial Services Pte. Ltd
Managed Futures, Commodities and FX
Systematica China Markets Fund
Systematica Investments Limited
Multi Strategy
Avendus Enhanced Return Fund
Avendus Capital Public Markets Alternate Strategies
New Fund of the Year
Prudence Multi-Strategy SPC - Credit SP
Prudence Asset Management Limited
Single Country
AFC Vietnam Fund
Asia Frontier Capital
Specialist Finance & Credit
TCM Asia Opportunities Master Fund
Tahan Capital Management Pte. Ltd.
UCITS
India Acorn ICAV - Ashoka India Opportunities Fund UCITS
White Oak Capital Partners Pte Ltd
Management Firm of the Year
Platinum Asset Management
2019 Performance Winners
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