Salus Alpha wins “Most Innovative Hedge Fund” at the HFR European Fund of Hedge Funds Awards 2010
10. Dec 2010
(Vienna/Mauren, 2010-12-10) Salus Alpha Investment Group prevailed at the prestigious European Fund of Hedge Funds 2010 Ceremony on November 24. The award for the Most Innovative Hedge Fund was conferred on the Salus Alpha Event Driven Fund. The esteemed Hedge Funds Review Awards are among the most sought after accolades in the industry.
The hedge fund investment process relies on more than just numbers and the HFR judging process highlights this in their selection, considering both quantitative and qualitative aspects of the funds and asset management companies. The award ceremony gives acclaim to Europe’s leading hedge fund managers across the industry, hosted at the prominent Northumberland in London.
Salus Alpha’s Event Driven Fund was awarded for having a high annual total return, transparent portfolios, and high percentage of positive months in relation to the age and size of the bond. The fund has successfully targeted stable returns under consideration of capital preservation and liquidity of the fund’s assets. It is also registered for public distribution in the European sector with daily liquidity in a fully compliant UCITS framework.
Mr. Oliver Prock, Salus Alpha’s Chief Investment Officer commented: “We believe this award is a testament to Salus Alpha’s unique and innovative investment approach,” says Mr Oliver Prock, Salus Alpha’s Chief Investment Officer. “It gives recognition to our efforts in offering Alternative Investments as UCITS structures and clearly shows that UCITS Hedge Funds perform successfully when a sophisticated approach is employed.”
Notably, past recipients of the award incurred subsequent rapid success, yielding a tenfold increase in their asset under management, a renowned European presence, and bolstered reputation in their field in the successive year. The award is another benchmark for the firm to build upon its principle to provide investors with transparency, consistency, and substantial returns on its hedge fund products.
About Salus Alpha
Salus Alpha, founded in 2001, is an independent wealth and asset management group providing financial solutions and products to high net worth private clients and institutions. Salus Alpha has in excess of US$1 billion assets under management in its multi manager and single manager hedge fund portfolios. Its Swiss based centre operates from a network of global offices including Liechtenstein, Austria, the Netherlands, Singapore and Hong Kong.