Empresas y finanzas

Lipper Inaugural Hedge Fund Awards



    The winners of Lipper´s first Hedge Fund Awards were announced in
    London last night. Over 3,600 funds were eligible for the eighteen
    awards across the European and Offshore fund domiciles. A total of
    fifteen portfolio managers were rewarded, with Thalia SA, Gems
    Management and UG Investment Advisers each winning in two categories.

    Dr Gabriel Burstein, Lipper´s Global Head of Research, said:
    "Lipper Hedge Fund Awards, based on our quantitative fund rating
    methodology, recognise the combined return and risk achievements of
    hedge fund managers. Congratulations to Lipper´s award winners in what
    was a very difficult year across all markets. Despite this fact, hedge
    fund assets under management continued to grow significantly last
    year".

    EUROPEAN WINNERS - LIPPER HEDGE FUND AWARDS

    -0-
    *T
    Hedge Fund Winning Fund Portfolio Manager
    Classification
    CTA Commodity Trading Transtrend Diversified Transtrend B.V.
    Advisors Trend Program
    Enhanced Risk EUR
    Emerging Markets Mango Capital Mango Capital Management
    Event Driven GHF Sicav - Event Thalia SA
    Driven Class B
    Fixed Income Arbitrage GHF Sicav - Fixed Thalia SA
    Income Arbitrage
    Class B
    Global Macro LODH Multiadvisers - Lombard Odier Darier
    Global Trading EUR Hentsch & Cie
    Long/Short Equity Real Return Asian EUR Veritas Asset Management
    (UK) Ltd
    Managed Futures Prim´ EssenCiel Prim´Alternative
    Investment SA
    Multi-Strategies Gems Recovery Gems Management Ltd
    Portfolio Regular EUR
    *T

    OFFSHORE WINNERS - LIPPER HEDGE FUND AWARDS

    -0-
    *T
    Hedge Fund Winning Fund Portfolio Manager
    Classification
    Convertible Arbitrage UG Great Wall Hidden UG Investment Advisers
    Value Ltd
    Emerging Markets China Alpha II Fund China Alpha Investment
    Ltd Management Ltd
    Equity Market Neutral Talentum Enhanced Ltd Arkos Capital SA
    EUR
    Event Driven Vision Opportunity Vision Capital Advisors
    Capital Partners Ltd LLC
    Fixed Income MKP Opportunity MKP Capital Management
    Arbitrage Offshore Ltd LLC
    Global Macro Pivot Global Value Pivot Capital Management
    (UK) Ltd
    Long Only UG Hidden Dragon UG Investment Advisers
    Undervalued Assets Ltd
    Long/Short Equity Passport Offshore Ltd Passport Capital LLC
    Global Strategy
    Managed Futures Tulip Trend Ltd (Class Progressive Capital
    A) EUR Partners Ltd
    Multi-Strategies Gems Perennial Gems Management Ltd
    Segregated Portfolio
    Regular 3Y USD
    *T

    A second Lipper Hedge Fund Award event will recognise the leading
    hedge funds domiciled in North America and take place in New York on
    9th April.

    Notes to Editors:

    -- Only existing hedge funds in the Lipper TASS and Lipper Global
    Fund Databases were eligible for this year´s Hedge Fund
    Awards.

    -- Awards were made for those Lipper hedge fund strategy
    classifications that contained at least ten eligible hedge
    funds.

    -- In line with Lipper´s existing mutual fund award methodology,
    the winning hedge funds were those with the highest Effective
    Return value within each eligible Lipper Global Classification
    for hedge fund strategies. The Effective Return is the basis
    for the calculation of the Lipper Leader rating for Consistent
    Return. The calculation period for the awards extended over
    twelve consecutive months ending 31 December 2007.
    Calculations were made in US dollars for the Offshore hedge
    fund domicile universe and in Euros for the European hedge
    fund domicile universe.

    -- The Lipper Leader fund rating system uses investor-centred
    criteria to deliver a simple, clear description of a fund´s
    success in meeting certain goals, such as preserving capital
    or building wealth through consistent, strong returns. Used
    independently or in conjunction with one another, the four
    Lipper Leader ratings (Consistent Return, Preservation, Total
    Return and Expense) can effectively identify funds that meet
    the particular characteristics sought by the investor. For
    more information, please refer to www.lipperweb.com.

    -- Lipper, a wholly-owned subsidiary of Reuters, provides
    independent insight on global collective investments including
    mutual funds, retirement funds, hedge funds, fund fees and
    expenses to the asset management and media communities.
    Covering over 172,000 share classes and over 95,000 funds in
    53 registered for sale (RFS) universes. Lipper is the world´s
    leading fund research and analysis organisation. It provides
    the free Lipper Leader ratings for mutual funds registered for
    sale in 27 countries. Additional information is available at
    www.lipperweb.com.

    Information provided by Lipper has been obtained from or is based
    upon sources believed to be reliable but is not warranted to be
    accurate or complete. Lipper makes no representation or warranty,
    express or implied, to investors or any member of the public regarding
    the advisability of investing in securities generally or in any
    product or mutual fund particularly. Past performance is not
    necessarily a guide to future performance and investors should
    remember that past performance is not guarantee of future results.