LONDON, April 16, 2015 – The Polygon Convertible Opportunity Fund won the 2015 HFMWeek Award in the Relative Value category. There were five other nominees for this award. The fund was also nominated for the following awards among several other nominees1:
Credit under $500m
Credit long term performance (5 years)
Single manager long term performance overall (5 years) under $500m
The HFMWeek Awards are compiled by HFMWeek magazine, a publication of Pageant Media. Information about the awards, including nomination and winning criteria, is available below and at www.hfmweek.com
Rules for inclusion, entry criteria and judging decisions:
Funds interested in participating in the awards program must submit all information via the HFMWeek European Performance Awards Entry Form.
Funds submitting in all categories must have their management/advisory company or team based in the UK or Europe.
As of November 2014, funds must trade/invest primarily – defined as at least 75% of the portfolio over the last three years – in one or more of the 38 strategies described by the categories on the Entry Form; have a minimum of 25 million (USD) in assets under management; and have a track record of three years.
The judging panel comprises representatives from HFMWeek, leading institutional and private investors and industry experts. Each member of the judging panel will have an equal vote in choosing the winners in each category. Decisions should be unanimous, but a majority will suffice. Judging decisions will be based on performance, qualitative information and structural criteria.
The above information is a summary taken from HFMWeek’s website at www.hfmweek.com and does not purport to be full and complete. Please refer to the website for a full explanation of the award criteria and process, which may change from year to year.
1Credit under $500m – 8 nominees; Credit long term performance (5 years) – 7 nominees; Event Driven – 8 nominees; Single manager long term performance overall (5 years) under $500m – 7 nominees.