Stockholm (HedgeNordic) – The Swedish hedge fund management company Adrigo has been awarded “hedge fund of the year” for its long/short equity fund, Adrigo Hedge, by Privata Affärer.
The motivation states: “High returns to low risk – a winning combination”
In a comment Adrigo says: We are honoured by the fact that we have been awarded “hedge fund of the year” by Privata Affärer. Privata Affärers fund of the year award is the largest independent fund rating award in Sweden and is guided by strict criteria. Adrigo Hedge has been nominated two times before (2010 and 2013), this time we made it all the way.
Adrigo Hedge is managed by Göran Tornée and Håkan Filipson and has a track record dating back to 2006. The fund has shown strong performance consistency over the years and has delivered a Sharpe of 1.26 with a maximum drawdown of -9.14 percent according to data from HedgeNordic. The fund´s best year was in 2009 when it gained close to 25 percent. Total return since inception is 74 percent according to HedgeNordic data.
Picture: (c) shutterstock—Sam Cornwell