Research

Thank you all for attending our hedge fund awards on 29 May. I think we can all agree that the evening was a huge success with 250 guests and nine happy winners who fully deserved their awards for navigating the tricky markets of 2008 and early 2009. The full list of winners and nominees are below.

We would especially like to thank our sponsors for making this event possible and the World Food Program for participating in the evening. Full details on the charity contribution will be announced at a later stage.

In support of .

For more information please email awards@eurekahedge.com or call +65 6212 0925.

Best Asian Hedge Fund
Artradis AB2 Fund

Best Asia ex-Japan Hedge Fund
PMA Harvester Fund

Best Japan Hedge Fund
Prowess of Japan Fund

Best Singapore Hedge Fund
Artradis AB2 Fund

Best Greater China Hedge Fund
QBridge Fund

Best New Asian Hedge Fund
DoReMi Fund

Presented by:

Best Asian Multi-Strategy Hedge Fund
Artradis AB2 Fund

Presented by:

Best Asia-based Macro Fund
BIA Pacific Macro Fund

Presented by:

Best Asian Other Strategies Hedge Fund
Northwest China Opportunities Fund

Presented by:

Best Asia-based CTA/Managed Futures Fund
The Merchant Commodity Fund

Presented by:

Best Asian Long/Short Equities Fund
Riley Paterson Asian Opportunities Fund

Nominees to the Asian Masters of Hedge Awards were selected through voting by an independent panel of judges, from a working list of funds reporting to the Eurekahedge databases. All Asian hedge funds listed with Eurekahedge and operating as at the end of March 2009 were eligible for nomination. A master file of all eligible funds for each of the award categories (according to their regional/strategic mandates) was compiled and circulated among the judges to facilitate nomination for the awards (note: consequently, it is not unlikely that the same fund would be nominated for multiple awards).

Once the votes were collated and the list of nominees finalised, the winners were selected by the panel of judges, weighing in on both quantitative and qualitative aspects of the funds in question. The quantitative discussion, while mainly based on 2008 performance, also evaluates 1Q2009 risk/return metrics, on grounds of consistency in fund performance.

The selection of nominees and winners was entirely under the remit of the panel of judges, and the role of Eurekahedge in this endeavour was limited to supplying data and moderating the discussion.

The winners were selected by an independent panel of judges based on both quantitative data and qualitative knowledge of the funds listed in the Eurekahedge database.

The five judges are:

Peter Douglas, Principal, GFIA, Singapore & Chairman, AIMA Singapore Chapter

Richard Johnston, Managing Director, Albourne Partners, Hong Kong

David Walter, Director, Pan Asia Alpha Strategies, Singapore

John Knox, Director, LGT Capital Partners (Asia Pacific) Limited, Hong Kong

Akane Hashimoto, Director, HC Asset Management Co Ltd, Japan

Regional Awards

	Best Asian Hedge Fund Investing in Asia Pacific (and all regions within) Presented by:        Artradis AB2 Fund Artradis Barracuda Fund BIA Pacific Macro Fund Kuromatsu Fund Northwest China Opportunities Fund Octagon Tactical Short Fund PMA Harvester Fund Prowess of Japan Fund Riley Paterson Asian Opportunities Fund Segantii Asia-Pacific Equity Multi-Strategy Fund Stratton Street PPC Ltd Asian Bond Fund Titan Asia Volatility Fund Yaraka Fund
	Best Asia ex-Japan Hedge Fund Investing in Asia ex-Japan (with a broad mandate to invest across all Asian countries except Japan i.e. no single country investing funds or funds with Japanese exposure) Presented by:          Artradis Naga Short Bias Fund Dragonback Asia Pacific Equity Multi-Strategy Fund EIP Overlay Fund PMA Harvester Fund Riley Paterson Asian Opportunities Fund Rohatyn Group Asia Opportunity Fund Segantii Asia-Pacific Equity Multi-Strategy Fund Swordfish Asian Equity Fund
	Best Japan Hedge Fund Investing in Japan only Presented by:         Akamatsu Fund Ginga Service Sector Fund - Japan Equity Sector Focus Halberdier Fund Kuromatsu Fund Lazard Japan Vela Fund MA Opportunities Unit Trust Prowess of Japan Fund Simplex Value Up Trust Whitney Japan Fund Whitney Select Japan Fund Yaraka Fund
	Best Singapore Hedge Fund Singapore-based Presented by:        Artradis AB2 Fund Artradis Barracuda Fund Ginga Service Sector Fund - Japan Equity Sector Focus Halberdier Fund Japan Macro Fund KC Asia Fund Octagon Tactical Short Fund Riley Paterson Asian Opportunities Fund The Merchant Commodity Fund
	Best Greater China Hedge Fund Allocating to China, Taiwan and/or Hong Kong Presented by:       Credence Oriental Partnership Dragon Billion China Fund LBN China+ Opportunity Fund Northwest China Opportunities Fund QBridge Fund Spitzer Dragon Fund Tairen China Fund Triskele China Fund
	Best New Asian Hedge Fund Launched in 2008, and based and/or investing in Asia Presented by:   Abaxs Index CAC Attunga Agricultural Trading Fund Bucephalus Special Situations Fund Credence Oriental Partnership DoReMi Fund Emerging Markets Event Long Fund India Diversified Fund VIM Value Fund VisionGain China Absolute Return Offshore Feeder Fund
Strategic Mandate Awards
	Best Asian Multi-Strategy Hedge Fund Investing in multiple Asia-Pacific (and all regions within) asset classes/ strategies Presented by:   Artradis AB2 Fund Artradis Barracuda Fund Dragonback Asia Pacific Equity Multi-Strategy Fund EIP Overlay Fund Fortitude Capital Absolute Return Trust India Diversified Fund InnoFusion Asia Multi-Strategy Fund Phalanx Japan-AustralAsia Multi-Strategy Fund Rohatyn Group Asia Opportunity Fund Segantii Asia-Pacific Equity Multi-Strategy Fund The Cambridge Strategy - Asian Markets Alpha
	Best Asia-based Macro Fund Asia-based Macro Presented by:        Apeiron Global Macro Fund BIA Pacific Macro Fund Japan Macro Fund KC Asia Fund PMA Harvester Fund
	Best Asian Other Strategies Hedge Fund Investing in Asia Pacific (and all regions within). Includes the following strategies: arbitrage, distressed debt, event-driven, fixed income and relative value; all judged on their own merits vs their peers and not across strategies Presented by:       Austral Equity Fund Northwest China Opportunities Fund PD Star Fund QBridge Fund Simplex Value Up Trust Stratton Street PPC Ltd Asian Bond Fund Titan Asia Volatility Fund Tribridge AF1 Fund
	Best Asia-based CTA/Managed Futures Fund Asia-based CTA Presented by:        Argus Dynamic Multi-strategy Program Boronia Diversified Fund Credence Oriental Partnership Kaiser Trading Fund The Merchant Commodity Fund Vegasoul Fund
	Best Asian Long/Short Equities Fund Investing in Asia-Pacific (and all regions within) equities Presented by:        Arnott Opportunities Fund BIA Pacific Fund East of Suez Halberdier Fund Kuromatsu Fund Octagon Tactical Short Fund Prowess of Japan Fund Riley Paterson Asian Opportunities Fund Swordfish Asian Equity Fund Triskele China Fund Whitney Select Japan Fund Yaraka Fund