Who were the top hedgies of 2010?

Which hedge funds took the top prize for their categories this year?

Illustration / Neil Nakahodo / Newscom / File
AR Magazine recently announced its choice for the top hedge funds for each of 16 categories, based on their performance over the past year. AR's choice for Fund of the Year? Sprott Capital.

Congrats to the winners of AR Magazine's Hedge Fund Awards for 2010. Fund of the Year went to Sprott. Anyone familiar with what gold and silver prices (and miners) have done this year should not fall out of their chair for that one.

Dan Loeb's event-driven Third Point is still on top apparently, so is Paulson's Advantage Fund.

According to AR, there's a quantitative methodology at work in picking these winners so we're not talking about a popularity contest.

Here they are by category:

U.S. Equity Sandler Associates
Global Equity Crestwood Capital Partners
Specialist Equity Perceptive Life Sciences
Emerging Market Equity ARX Long Short FIM
Arbitrage & Convertibles Lazard Rathmore
Event Driven Third Point Offshore
Global Macro Bridgewater All Weather
Multistrategy Mariner Partners
Managed Futures Renaissance Institutional Futures
Fixed Income & Mortgage-Backed SPM Structured Servicing Holdings
High Yield & Emerging Market Debt Waterfall Eden
Distressed Perella Weinberg Partners Asset Based Value
Long Term Performance Paulson Advantage
New Fund of the Year Nisswa Convertibles
Management Firm of the Year Bridgewater Associates
Fund of the Year Sprott Capital

The awards were announced last night at a gala event in New York City. Whenever I see unfamiliar firms pop up on lists like this, I like to look into their 13F filings and find any interviews or presentations the managers may have given recently. Always a good way to get a feel for what some of the lead dogs are up to in the markets.


Bridgewater, Paulson Take Top Honors at AR Awards (AR)

Add/view comments on this post.


The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link above.

You've read  of  free articles. Subscribe to continue.
QR Code to Who were the top hedgies of 2010?
Read this article in
QR Code to Subscription page
Start your subscription today