PIMCO, QIM, Renaissance among initial nominees for 2017 Absolute Return Awards

The awards ceremony will be held March 8 2018.

Absolute Return is delighted to announce the first round of nominations for the 13th Annual Absolute Return Awards, recognizing firms that outperformed their peers for the year 2017.

The awards dinner will be held on March 8 at the Lotte New York Palace in New York City.

The awards have always been and will remain focused on independent and quantitatively-driven analysis to honor those funds with the highest risk-adjusted returns, acknowledging the dual aims of delivering strong performance and managing volatility. (For a full description of the methodology, please see the nomination criteria tab on the awards event website.)

This year’s nominees include such previous winners as PIMCO, Quantitative Investment Management and the Renaissance Institutional Equities Fund. Other notable firms with contending funds are P. Schoenfeld Asset Management, Millstreet Capital, Electron Capital and Bridgewater Associates.

As we have done previously, our largest categories are split based on fund size in order to highlight funds that would otherwise be overshadowed by much larger contenders in the same strategy. For example, Credit & High Yield and U.S. Equity are divided between funds managing more than $500 million and those managing less.

Additionally, long term performance categories will remain split between equity-focused funds and all other strategies. For these awards, which include funds with more than $1 billion in AUM, managers will continue to be judged on their performance during the past five and 10 years relative to their peer groups.

This provisional list of nominees is based on performance for the first 10 months of 2017. There will be two more rounds of nominations following this one, with the final taking account of all 12 months’ returns for 2017. Given the fluctuations and uncertainty, November and December returns may significantly alter the final lineup of contenders.

To ensure your consideration, please contact Senior Research Associate Jacob Rusek at (646) 931-9056 or by email at j.rusek@pageantmedia.com. For information on sponsorship and booking a table contact Business Development Director James Barfield at (646) 931 9058 or via email at j.barfield@pageantmedia.com.

Arbitrage & Convertibles (>$250m)
       
Capstone Volatility Master
D.E. Shaw Valence
Lazard Rathmore
Whitebox Relative Value Partners
Wolverine Flagship Fund

Commodities & Managed Futures (>$500m)  

Dunn WMA Program
Millburn Multi-Markets Trading
Nestor Partners
PIMCO Commodity Alpha Fund
Quantitative Global Program

Credit & High Yield (>$100m)

Angel Oak Strategic Mortgage Income Fund
AQR Absolute Return Credit Strategy
Bayview Liquid Credit Strategies Fund
Millstreet Credit Fund

Credit & High Yield (>$500m)

400 Capital Credit Opportunities Fund
Candlewood Structured Credit Harvest Fund
Drawbridge Special Opposrtunities
Hildene Opportunities Offshore Fund II
One William Street Capital Master Fund
OWS Credit Opportunity Master Fund
Waterfall Eden Fund

Distressed (>$250m)

Archer Capital Fund
GoldenTree Distressed Debt Fund
Hildene Opportunities Fund
Sound Point Beacon Master Fund

Event Driven (>$100m)

Corre Opportunities Qualified Onshore Fund
Context BH Partners
Corrib Master Fund
FrontFour Capital Partners
KG Investments Fund

Event Driven (>$500m)

ECF Value Fund
Owl Creek Credit Opportunities Fund
Pentwater Event Fund
PSAM World Arb Partners

Fixed Income & Mortgage Backed Securities (>$500m)

Credit Suisse Securitized Products Master Fund
III Credit Opportunities Fund
LibreMax Partners
Marathon Securitized Credit Fund
Varadero International
Waterfall Victoria Fund

Global Equity (>$100m)

Lizard International Fund
Oceana Long Short Strategy
Platinum Fund
Valley Forge Capital

Global Equity (>$500m)

1798 Fundamental Equities Fund
AQR Long Short Equity Strategy
Citadel Global Equities Fund
Crosslink Emerging Growth Fund
HMI Capital Partners
Senvest Israel Partners

Global Macro (>$100m)

Haidar Jupiter Fund
Ping Exceptional Value Fund
PWP Global Macro Fund

Global Macro (>$500m)

Bridgewater All Weather @12% Trading
Citadel Global Fixed Income
D.E. Shaw Oculus Fund
GMO Systematic Global Macro Strategy
PIMCO Absolute Return STrategy III Fund
Wexford Spectrum Fund

Multistrategy (>$500m)

Canyon Value Realization Fund
Citadel Wellington
D.E. Shaw Composite Fund
Linden Capital
PIMCO Tactical Opportunities Fund
SPM Core Fund

Specialist Equity (>$100m)

Ardsley Partners Renewable Energy Fund
DAFNA LifeScience Fund
Elizabeth Park Capital
Forest Hill Strategic Value Fund

Specialist Equity (>$500m)

Cadian Master Fund
Electron Global Fund
Perceptive Life Sciences Fund
Seligman Tech Spectrum Fund
ZP Master Utility Fund

U.S. Equity (>$100m)

Braddock Partners
Mark Partners
Van Hulzen Covered Call Strategy

U.S. Equity (>$500m)

Corsair Capital Partners
Crawford Lake Onshore Partners
Intrinsic Edge Partners
Lakewood Capital Partners
Lumina Partners
Quantitative Tactical Aggressive Fund
Renaissance Institutional Equities Fund International
Sandler Associates

Long Term Performance – 5 Years, Equity-only Strategies ($100m – $1bn)

Brightline Capital Partners
Context BH Partners
Financial Opportunity Fund
Granite Point Capital
Seligman Tech Spectrum Fund
Stonepine Capital

Long Term Performance – 5 Years, Equity-only Strategies (>$1bn)

Citadel Global Equities Fund
HMI Capital Partners
Perceptive Life Sciences Fund
Renaissance Institutional Equities Fund International
Senvest Partners
ZP Master Utility Fund

Long Term Performance – 5 Years, Non-Equity Strategies ($100m – $1bn)

Hildene Opportunities Fund II
Horse Cove Partners
GoldenTree Distressed Debt Fund

Long Term Performance – 5 Years, Non-Equity Strategies (>$1bn)

Citadel Wellington
Citadel Tactical Trading
D.E. Shaw Composite
Drawbridge Special Opportunities
Hildene Opportunities Fund
Millennium USA

Long Term Performance – 10 Years, Equity-only Strategies ($100m – $1bn)

Crawford Lake Onshore Partners
Financial Opportunity Fund
Horizon Growth Fund
Marlin Fund
Oceana Long Short Strategy
Stonepine Capital

Long Term Performance – 10 Years, Equity-only Strategies (>$1bn)

ECF Value Fund
Lakewood Capital Partners
Perceptive Life Sciences Fund
Polar Long/Short Fund
Senvest Partners
ZP Master Utility

Long Term Performance – 10 Years, Non-Equity Strategies ($100m – $1bn)

Chicago Capital Management
KWK Partners
Midway Market Neutral Fund – Class B Offshore
RiverNorth Capital Partners
SPM Structured Servicing Holdings Master Fund
Waterfall Victoria Fund

Long Term Performance – 10 Years, Non-Equity Strategies (>$1bn)

D.E. Shaw Composite
Drawbridge Special Opportunities
Hudson Bay Fund
Linden Capital
Millennium International
Paloma Partners

New Fund of the Year

Nominees to be announced next month

Management Firm of the Year

Nominees to be announced next month

Fund of the Year

Nominees to be announced next month