Three India-focused hedge funds have won awards for best-in-class at a prestigious fund awards ceremony in Singapore hosted by Eurekahedge, Asia Pulse reports.
They include Helios Strategic, The SFP Asia Fund and Cannizaro Asia Fund.
The award to the $490 million Helios Strategic fund was for Best India Hedge Fund. The fund, which invests in a diversified portfolio of equity and equity-related securities, seeks to preserve long-term capital, was founded by former Alliance Capital executives Dave Williams, Karan Trehan and Samir Arora.
The $300 million Cannizaro Fund, which invests in India but also in other Asian countries, including Hong Kong, Singapore and Taiwan, was honored as Best Asian Multi-Strategy Fund.