NWQ’s Fiduciary Fund Tops Ranking for Asia Pacific
NWQ Fiduciary Fund, an Australian diversified multi-asset class fund offered to Australian investors, has achieved the top ranking for risk-adjusted performance for Asia-Pacific fund-of-hedge-fund investment products from the influential Eurekahedge research house.
The
top ranking, achieved at the end of July, compared 52 funds which
invest in hedge funds in the Asia-Pacific. Since April 2014 the NWQ
Fiduciary Fund has maintained a 95th percentile or better ranking for
risk-adjusted performance against 752 global peers, according to
Eurekahedge.
NWQ's
Fiduciary Fund also ranked as the number one multi-strategy
fund-of-hedge fund in Asia Pacific in terms of the absolute value of
maximum drawdown which measures the avoidance of capital losses.
Since
inception in May 2013, the NWQ Fiduciary Fund has achieved equity-like
returns, outperforming the ASX 200 accumulation index, at one-third of
the volatility - a risk level comparable with the Bloomberg IG
Australian Corporate Bond Index.
NWQ
Chief Executive Jonathan Horton said he was delighted with the latest
recognition of the success of the group's unique investment strategy
focused on the Australian hedge-fund market.
Source: Professional Planner