Nomination criteria

For the InvestHedge risk-adjusted performance related awards, funds of hedge funds must submit performance data to the InvestHedge database with no pro-forma data. The performance period for the one-year awards runs from July 2016 to June 2017, while the five-year awards are based on the period from July 2012 to June 2017.

Most of the main awards categories (apart from the ones where a specific asset size has been highlighted) require a minimum asset level of at least $100 million.

For the provisional nominees to reach final nominee stage, all funds of hedge fund nominees must have presented to InvestHedge a strategy allocation breakdown for each fund nominated, dated June 2017. InvestHedge will have the final say in which category a fund is nominated for.

All funds need to have the most up-to-date performance and assets in the InvestHedge database by 31 July 2017, or they will not be included in the nomination process for the InvestHedge Awards for Performance Excellence.

Nominations are primarily decided by those funds that achieve the strongest Sharpe Ratios for the period under review, so long as they also beat the median returns in their relevant peer groups.

The eventual winners will be the funds of hedge funds that achieve the best returns, as long as they also achieve Sharpe ratios within 25% of the best of the nominees.

The criteria for Group Performance Award will be based on various quantitative factors, including Sharpe ratio, outperformance and assets. To be considered for the Group Performance Award, a group must have $1 billion in assets under management.

To be nominated for the longer-term awards (10 & 20 years), FoHFs must have hit the asset threshold at the time of nomination. However the AUM for the entire time horizon will be taken into consideration when deciding the winner.

To be nominated for the longer-term awards (10 and 20 years), FoHFs must have hit the asset threshold at the time of nomination.

The Accelerator Awards are based on figures from the InvestHedge Billion Dollar Club. Institutional Firm of the Year is based on the mandates reported in the monthly allocator tables published in InvestHedge.

To ensure that your fund is considered for an award, you must list performance data in our database.

To check that your fund is included in our database, please contact: data@investhedge.com