Stenham Wins HFR European Hedge Fund of Funds Award 3 Years in a Row
16/11/2007 09:04
PR Newswire
LONDON, November 16 /PRNewswire/ -- Stenham, the alternative investment wealth management group,
has won the most coveted Hedge Funds Review award for 3 years running.
The award for Best Long-Term Achievement in Diversified Fund
of Hedge Funds (Over 10 Years) was won by the Stenham Universal Fund US$
class. This prestigious award by Hedge Funds Review is part of the most
sought after accolades in the industry. The hedge fund investment process
relies on more than just numbers and the HFR judging process recognises this.
Stenham was also shortlisted for the Best Long-Term Achievement in Specialist
FoHF (Over 10 Years) for its Stenham Trading Portfolio Fund, and for Best
Performing Specialist FoHF Over 3 Years on a Risk/Return Basis for the
Stenham Growth Portfolio Fund.
The Stenham Universal Fund aims to achieve consistent capital
appreciation for risk-averse investors using a select number of highly-rated
independent fund managers and traders. The Fund aims to deliver long-term
returns equivalent to a balanced portfolio of global equities and bonds, with
lower volatility. The Fund has been achieving consistent returns since its
inception in 1992. Over the last ten years the Fund has delivered a Compound
Annual Return of 9.9% with a volatility of 3.79%.
Kevin Arenson, Chief Investment Officer of Stenham Asset
Management, commented: 'I am extremely proud that our Stenham Universal Fund
has won this coveted industry award 3 years running. The fact that Stenham
has won the 10 Year Best Achievement Award is a testament to the team of
investment professionals at Stenham who have been together for over 10 years.
Notes to Editors
Stenham was founded in 1901 and is an independent wealth and
asset management group providing financial solutions and products to high net
worth private clients and institutions. Stenham has in excess of US$ 4
billion under management, with over US$ 2.5 billion under management in its
multi-manager hedge fund portfolios and a further EUR 3 billion in its
property investments. It operates from a network of global offices including
the UK, the Channel Islands, Switzerland, the Netherlands, South Africa and
Israel.
Stenham Asset Management is provided in the United Kingdom by
Stenham Advisors Plc and in the Channel Islands by Stenham Asset Management
Inc. With over US$ 2.5 billion under management the Asset Management division
is nimble enough to provide personal attention and tailor made solutions, yet
large enough to offer a sophisticated range of products and services backed
by in-depth expertise and research with a solid infrastructure.
For further information, please contact: Kevin Arenson, Chief Investment Officer, +44-(0)-20-7079-6628. Harry Wulfsohn, Head of Institutional Business Development, +44-(0)-20-7079-6608. Sudha Bharadia, Head of Marketing and Communications +44-(0)-20-7079-6711