BREAKING NEWS: Winners of the Asian Hedge Fund Oscars

Singapore, May 2007 — Nineteen awards were presented at Asia’s largest and most prestigious hedge fund Oscars, held last night at the Ritz Carlton hotel in Singapore with close to 500 guests from the industry attending.

Coupland Cardiff’s CC Asia Absolute Return Fund picked up the coveted Best Asian and Best Asian Long/Short awards, along with Swiss Asia’s Genghis Hedge Fund, which won the Best Asian Fund of Funds award. Other winners include Dragon Billion’s Greater China Fund for Best China and Asia ex-Japan Fund, Optimal Japan Fund for the Best Japan Hedge Fund and Akamatsu Fund for the Special Achievement Award.

The full list of winners is as follows:

Regional Awards
Best Asian Hedge Fund: CC Asia Absolute Return Fund
Best Japan Hedge Fund: Optimal Japan Fund
Best India Hedge Fund: Helios Strategic
Best China Hedge Fund: Dragon Billion Greater China Fund
Best Local Hedge Fund (Singapore): Octagon Pan Asia Fund
Best New Asian Hedge Fund Launch: The SFP Asia Fund
Best Asia ex-Japan Hedge Fund: Dragon Billion Greater China Fund

Strategic Mandate Awards
Best Asian Long/Short Equities Fund: CC Asia Absolute Return Fund
Best Asian Multi-Strategy Fund: Cannizaro Asia Fund
Best Asian Relative Value Fund: Harrier Investment Fund
Best Asian (based) Global Macro Fund: Swordfish Fund
Best Asian Fixed Income Fund: Asian CRC Hedge Fund
Best Asian Arbitrage Fund: Ishin Master Fund
Best Asian (based) CTA/Managed Futures Fund: Grinham Diversified Program
Best Asian Distressed Debt Fund: ASM Asia Recovery Fund
Best Asian Event Driven Fund: Harmony Investment Fund
Best Asian Long-only Absolute Return Fund: Blackhorse Emerging Enterprises Fund
Best Asian Fund of Funds: Swiss-Asia Genghis Hedge Fund

Special Achievement Awards: Akamatsu Fund

At press time, the party was still in full swing. The annual Asian Masters of Hedge Awards, which is into its fourth year running, is co-organised by Eurekahedge and Terrapinn.

For a fuller update on the night and pictures of the event, please check the next issue of Eurekahedge’s e-newsletter which will be published on 12 June 2007 at http://www.eurekahedge.com/news.