The Palm Trend Fund run by Swiss-based Progressive Capital Partners took home the award for best Emerging Manager & Smaller Fund with a return in excess of 70%. The underlying strategy for the Palm Trend Fund is a 1.5x leveraged version of Beach Horizon’s flagship CTA strategy. The Emerging Manager & Smaller Fund award is across all hedge fund styles and not just Managed Futures.
The EuroHedge Awards celebrate fund excellence in the European hedge fund industry. The awards themselves are regarded as the most prestigious and accurate in the industry, and the hedge fund community turns out in force to enjoy this stylish occasion. Each year, more than 800 hedge fund managers, investors and other industry professionals will come together to celebrate the achievements of the best performing funds of the previous year.
See www.hedgefundintelligence.com for more details on the awards.