The Absolute UCITS Awards aim to highlight the best risk-adjusted performers in the UCITS hedge fund industry across a range of categories, with nominations and awards being based on a combination of Sharpe ratios and absolute returns.
The awards recognise excellence in risk-adjusted and absolute return performance by alternative UCITS hedge funds – judged over one-year and three-year time periods across a variety of investment strategies.
Norron Target has been nominated in the Multi-Strategy 1 year category. Nominations for the one-year awards are based on 12-month performance numbers from September 2016 to the end of August 2017.
The awards are judged on a long-established methodology focusing on the risk-adjusted performance of funds. The nominations and winners are decided by an entirely quantitative process, which aims to reflect the two primary aims of hedge funds – to manage volatility and to deliver positive returns for investors.
The winner will be announced at the award in London on the 31st of October.