Methodology

The 12th Annual European Single Manager Awards 2012 judges are selected from a range of investor/advisor companies in order to ensure funds are considered from a wide perspective reflecting every type of hedge fund investor.

The judging process begins by running a quantitative screen over all entries to extract raw performance figures as well as other important metrics.

The funds are then ranked on returns over the selected period, Sharpe ratio and other metrics with the top funds on the aggregated ranking making the long list. Statistics on volatility, maximum drawdown and downside volatility are also considered by the judges.

A shortlist is then produced. The judges use this to discuss and decide a winner. The judging panel takes into account both quantitative elements as well as applying qualitative experience and expertise to select the winning fund.

All comparisons will be made using US dollars and/or USD share classes. Where judges may be conflicted in an award category, they stand aside from judging.

The judging panel is impartial and unbiased and seeks to reward genuine performance and success.