2023 UCITS Hedge Awards

The Winners

The Hedge Fund Journal
Originally published on 20 March 2023

CTA Trend Following
Best Performing Fund over 7 Years
Quantica Managed Futures UCITS Fund
(Quantica Capital)

Long/Short Equity Global – Quantitative (AUM > $1bn)
Best Performing Fund over 5 Years 
Allspring Lux Worldwide Fund – Global Long/Short Equity Fund
(Allspring Global Investments)

Alternative Risk Premia
Best Performing Fund over 4, 7 and 10 Years
Nordea 1 – Alpha 15 MA Fund
(Nordea Asset Management)

CTA – Short Term Trader
Best Performing Fund over 4, 7 and 10 Years
Tungsten TRYCON AI Global Markets
(Tungsten Capital)

Short Volatility (Quantitative)
Best Performing Fund over 3 Years
Premium Income Fund
(Renell Wertpapierhandelsbank)

Global Macro – Discretionary
Best Performing Fund in 2022 and over 2, 3, 4, 5, 7 and 10 Years
M&G (Lux) Episode Macro Fund
(M&G Investments)

Alternative Risk Premia
Best Performing Fund in 2022
Franklin Templeton Alternative Funds – Franklin K2 Athena Risk Premia UCITS Fund
(Franklin Templeton)

CTA Trend Following
Best Performer in 2022 and over 2 Years
Aspect Diversified Trends
(Aspect Capital)

Long/Short Equity – US (AUM < $50m)
Best Performing Fund in 2022 and over 2 Years
Finlabo Investments Sicav – Dynamic US Equity
(Finlabo)

Best New Launch 
THEAM Quant-Cross Asset High Focus
(BNP Paribas)

Multi-Strategy (AUM > $300m)
Best Performing Fund in 2022 

THEAM Quant-Cross Asset High Focus
(BNP Paribas)

CTA Trend Following
Best Performing Fund over 10 Years
 
Lyxor Epsilon Global Trend Fund
(Metori)

Equity Market Neutral Global – Quantitative
Best Performing Fund in 2022 and over 2 and 3 Years 

Jupiter Merian Global Equity Absolute Return
(Jupiter Asset Management)

Equity Arbitrage
Best Performing Fund in 2022 and over 2 Years
U Access (IRL) Cheyne Arbitrage UCITS
(Cheyne Capital, Union Bancaire Privée (UBP))

CTA Diversified
Best Performing Fund in 2022 and over 2 Years
U Access (IRL) Campbell Absolute Return UCITS
(Campbell & Company, Union Bancaire Privée (UBP))

Credit Long/Short
Best Performing Fund over 3 Years

U Access (IRL) GCA Credit Long/Short UCITS
(Global Credit Advisers, LLC, Union Bancaire Privée (UBP))

Alternative Risk Premia
Best Performing Fund over 5 Years
HSBC Global Investment Funds – Multi-Asset Style Factors
(HSBC Asset Management) 

CTA Trend Following
Best Performing Fund over 3, 4 and 5 Years

Candriam Diversified Futures
(Candriam)

Multi-Asset Absolute Return
Best Performing Fund over 2 Years

Dunas Valor Flexible FI
(Dunas Capital)

Multi-Asset Absolute Return
Best Performing Fund over 3, 4, 5, 7 and 10 Years

Dunas Valor Prudente FI
(Dunas Capital)

Cat Bonds
Best Performing Fund over 3 and 4 Years

Twelve Cat Bond Fund
(Twelve Capital AG)

Short Volatility (Quantitative)
Best Performing Fund over 2 Years
Barclays US Equities Volatility Premium Fund
(Barclays) 

Long/Short Corporate Credit
Best Performing Fund in 2022 and over 2 Years
Pareturn – Gladwyne Absolute Credit
(Gladwyne Investments LLP)

Long Volatility – Quantitative
Best Performing Fund over 4 Years
Tages Paladin UCITS Fund
(Investcorp-Tages)

Long/Short Equity Global – Discretionary
Best Performing Fund over 7 and 10 Years
SEB Prime Solutions Sissener Canopus
(Sissener)

Equity Market Neutral US
Best Performing Fund over 4 and 5 years – Runner-Up
Zest North America Pairs Relative Fund
(ZEST)

Volatility Arbitrage (AUM > $100 million)
Best Performing Fund over 10 years
LRI OptoFlex
(FERI)

Long Volatility (Quantitative)
Best Performing Fund over 5 and 7 Years
LGT Dynamic Protection Sub-Fund
(LGT Capital Partners)

European Special Situations
Best Performing Fund in 2022 and over 2 and 3 Years
Mainberg Special Situations Fund
(Mainberg Asset Management)

Long/Short Corporate Credit
Best Performing Fund over 4 and 5 Years

Lyxor/Chenavari Credit Fund
(Chenavari) 

Merger Arbitrage (AUM > $100 million)
Best Performing Fund in 2022 and over 3 and 5 Years

KL Event Driven UCITS Fund
(Kite Lake Capital)

Fund of Funds
Best Performing Fund over 3, 4, 5, 7 and 10 Years
Credit Suisse (Lux) Liquid Alternative Beta
(Credit Suisse)

Long/Short Equity – Asia Pacific
Best Performing Fund over 5 years
Dalton Asia Pacific UCITS Fund
(Dalton Investments)

OUR AWARDS METHODOLOGY

Our data partner is LuxHedge. We do not invite submissions and we do not create or publish shortlists. We do follow LuxHedge categorisations, but we also create additional categories; this work is done by our editor Hamlin Lovell based on his experience. The risk adjusted return calculations done to determine the best performers across the various award categories are largely done by LuxHedge but some are done by us. We contact the best performers based solely on the data and request their participation in the awards. If managers/funds decline to participate we scrap the category/award. We do not contact the next best performer to request their participation.