Italy’s Hedge Invest Global Fund awarded for performance
Hedge Invest is the only Italian AM firm to be shortlisted at the InvestHedge Awards for its HI Global Fund in the Global Equity category.
HI Global Fund, which is managed by Elisabetta Manuli (pictured), invests in hedge fund shares, focussing mainly on equity strategies, such as long/short and event driven, as well as on macro and relative value strategies.
In the first half of 2013 the fund gained 7.01%, up 12.72% in the last 12 months, while performance since the launch is +71.46%² with volatility equal to 5.16%.
InvestHedge Awards are given out annually by Hedge Fund Intelligence to hedge funds which offer the best risk-adjusted annual performance.
As for multi-manager products, the funds of funds shortlisted are those showing the best Sharpe index over 60 months.
InvestHedge selects finalists by analysing data from over 1,990 active funds of hedge funds, 536 asset management companies in the world.
The award ceremony will be held at the British Museum in London next 25 September.
Hedge Invest AM specialises in alternative investment products (funds of hedge funds, alternative Ucits and real estate funds of funds) and offers a range of products with different strategies and return/risk profiles.