Algonquin Capital Wins Two Canadian Hedge Fund Awards
- Written by Newsfile
Toronto, Ontario--(Newsfile Corp. - October 22, 2020) - Algonquin Debt Strategies Fund
- 1st Place Best 5-year Return (credit focused) - 3rd Place Best 5-year Sharpe (credit focused)
We are excited to announce that our firstborn, the Algonquin Debt Strategies Fund (ADSF), achieved a significant milestone this week. At the 2020 Canadian Hedge Fund Awards, ADSF received the top prize for credit focused funds, winning the award for Best 5y Return. In addition, the Fund picked up another piece of hardware for the third Best 5y Sharpe Ratio.
They say success is a combination of talent, hard work, and luck. We agree and are indeed very lucky to work with such a talented and hard-working group of individuals. As founders, we would like to take this opportunity to both recognize and thank our team for their dedication, contributions, and bad jokes.
Our success equation also includes incredible support from our investors, service providers, and business partners. As we have said since the inception of the Fund in 2015, 'it takes a village to raise a fund', and we are very grateful and appreciative of our villagers.
Thank You,Brian, Greg, and rajFounding Partners
About Algonquin Capital.
Algonquin Capital is a boutique asset manager providing solutions for high-net-worth individuals, investment advisors, family offices, and institutional clients. In 2015, the firm launched the Algonquin Debt Strategies Fund, an OM product offering accredited investors access to absolute return credit strategies. In 2020, the firm launched Algonquin Fixed Income 2.0, a liquid alternative mutual fund addressing the challenges of the low-yield, low-return environment.
For more information on the firm and funds, please visit: www.algonquincap.com
Contact:Raj TandonFounding Partnerraj.tandon@algonquincap.com
About Canadian Hedge Fund Awards.
The Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry, help investors identify the most exceptional hedge funds.
A total of 221 Canadian Hedge Funds were included in the 2020 CHFA program. The awards are based solely on quantitative performance data to June 30th, with Fundata Canada managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winning hedge funds.
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