Merrant Named Best Global Arbitrage Fund

Stockholm (HedgeNordic) – The 2017 winners of the InvestHedge Awards, which honour the top risk-adjusted returns in the multi-manager industry, were announced last Thursday (September 28) in New York. Merrant Alpha Select was the only Nordic name distinguished among the winning funds, winning the “Best Global Arbitrage Fund, 5 Years” category.

“It is very gratifying that Merrant’s market neutral strategy has again been internationally awarded, now nominated for the 22nd time, as well as receiving the 11th award for its stable low-risk return over the years.” Rolf Hagekrans, Merrants co-portfolio Manager said.

At the end of August, the fund was up by 1.92% for the year, while NHX FoF was up by a mere 0,2% with the NHX Composite up 1.64%. Merrant’s Sharpe Ratio stands at an impressive 3.1 (risk free = zero), and the fund’s maximum draw down was 1.57% since inception in August 2009.

The complete list of winning funds can be viewed here: InvestHedge Awards 2017