HedgeFonder.nu - The Merrant Alpha Select Fund, a fund of hedge funds run by Independent Swedish investment management firm Merrant, has been nominated for a HFMWeek 2011 award as "Best Fund of Hedge Funds Newcomer".
"It’s very satisfying to see that it’s the third time within the last six months that Merrant’s market neutral strategy is validated as one of the leaders in the hedge fund Industry." Co-founders Ulf Sedig & Rolf Hagekrans said of the nomination.
Merrant Alpha Select was in 2010 named "Best New Fund of Hedge Funds in Europe" by Hedge Fund Review and nominated for the "Best New Fund of Hedge Funds" by InvestHedge.
Merrant Alpha Select's USD-class returned +0.61% and it's SEK-class was up 1.01% during March 2011. The HFRI Fund of Fund index returned -0.11%.
The fifth annual HFMWeek Awards will be held in London on May 26, 2011. The event celebrates hedge funds and funds of hedge funds that outperformed their peers through the volatility of the last year. Award categories covered a wide range of strategies. The full shortlist can be accessed here.
Alexis Åkesson
Editor for Nordic Business Media AB
www.hedgefonder.nu
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