2025 Shortlist


The shortlist for the HFM EU Performance Awards 2025 has now been released. The calibre of entries was as impressive as ever - a huge congratulations to everyone who has made the list!

The winners will be announced on 25 November 2025, at the iconic venue Victoria & Albert Museum.

Alternative markets fund
John Street Capital

John Street Horizon Fund

Taranis

Taranis Market Sentiment

Winton

Winton Alternative Markets Strategy

Alternative risk premia
FERI AG

OptoFlex I

Fondsmæglerselskabet SRV Capital

SRV – Fixed Income akk. KL. A

Nomura Alternative Investment Management

Nomura Cross Asset Momentum UCITS Fund

Commodities fund
John Street Capital

John Street Capital Horizon Fund

Svelland Capital

Svelland Global Trading Fund

Credit - distressed over $500m
RBC BlueBay Asset Management

Event Driven Credit Fund (EDCF)

VR Capital Group

VR Global Offshore Fund

Credit - distressed up to $500m
Ironshield Capital

Ironshield Special Situations L1 fund

Kyma Capital

Kyma Capital Opportunities Master Fund

Sandglass Capital Advisors

Sandglass Opportunity Fund 

Credit - relative value over $500m
Acasta Partners

Acasta Global Fund

Serone Capital Management

Serone Key Opportunities Fund

Credit - relative value up to $500m
CABA Capital

CABA Hedge KL

Rhodon Investment Management 

Rhodon Diversified Opportunities Fund 

SCIO Capital

SCIO Opportunity Fund

Credit long/short - over $500m
Chenavari Investment Managers

Amundi Chenavari Credit Fund

Promeritum Investment Management

Promeritum EM Segregated Portfolio

RBC BlueBay Asset Management

Emerging Market Credit Alpha (EMCA)

Serone Capital Management

Serone Key Opportunities Fund

Sona Asset Management

Sona Credit Master Fund

Waha Investment

Waha Emerging Markets Credit Fund

Credit long/short - up to $500m
Alma Capital

Selwood Absolute Return Credit

Copper Street Capital

Copper Street Capital Fund

Crystal Fund

BK Opportunities Fund 7

Northlight Group

Northlight European Fundamental Credit Fund

RBC BlueBay Asset Management

Global Credit Alpha Fund (IGALPHA)

Signal Capital Partners

Signal Beacon Fund

TabCap Investment Management

TabCap Balanced Credit Fund

Credit long-term performance (5 years)
Alma Capital

Alma Ellington Structured Credit Income Fund

Elara Capital

Elara Fixed Income Fund

Napier Park Global Capital

Napier Park Eton Fund

Promeritum Investment Management

Promeritum EM Segregated Portfolio

Sandglass Capital Advisors

Sandglass Opportunity Fund 

SCIO Capital

SCIO Opportunity Fund

Sona Asset Management

Sona Credit Master Fund

VR Capital Group

VR Global Offshore Fund 

Digital assets fund
Atitlan Asset Management

Atitlan Diversified Alpha Fund

Blockstone Capital

Blockstone Digital Assets Multi-Strategy Fund

Fasanara Capital

Genesis Alpha

Lemvi

Lemvi Crypto AMC

M1 Capital

A1 Fund

Edo | Rcube Asset Management

Edo Theory

Silver 8 Capital

Silver 8 Partners

Tendex AG

Tendex Fund I

Emerging market debt
A3E Capital SICAV

A3E EM High Yield Fund

Elara Capital

Elara Fixed Income Fund

Enko Capital

Enko Africa Debt Fund

First Geneva Capital Partners

First Geneva Global High Yield Fund

Promeritum Investment Management

Promeritum EM Segregated Portfolio

Sandglass Capital Advisors

Sandglass Opportunity Fund

Emerging market equity
Carrhae Capital

Carrhae Capital Master Fund

RAM Active Investments

RAM (Lux) Systematic Funds Emerging Markets Equities

Sagil Capital

Sagil Latin American Opportunities Fund

Waha Investment

Waha MENA Equity Fund

ESG fund
Inoks Capital

Ancile Fund Class B

Portland Hill Asset Management

Portland Hill SICAV Catalyst Driven Fund

Sanso Longchamp AM

Sanso Smart Climate

Trium Capital

Trium ESG Emissions Improvers Fund

European equity
ActusRayPartners

ActusRayPartners European Alpha Fund

Alcur Fonder AB

Alcur

Calibrate Management

Calibrate Master Fund

Belgrave Capital Management

Vitruvius European Equity

High Ground Investment Management

High Ground Investment Management Fund

Portland Hill Asset Management

Portland Hill Partners Fund


European equity long-term performance (5 years)
Amber Capital

Priviledge - Amber Event Europe

Belgrave Capital Management

Vitruvius European Equity

Lancaster Investment Management

Lancaster European Equity

Pascal Investment Advisers

Pascal Investment Partners 

Tiger Asset Management

Tiger Value Fund

Event-driven over $500m
Amundi / TIG Advisors

Amundi Tiedemann  Arbitrage Strategy Fund

Man Group 

Man Event Driven Alternative

Melqart Asset Management

Melqart Opportunities Fund

Sona Asset Management

Sona Credit Master Fund

Syquant Capital

Helium Selection

Event-driven up to $500m
Amber Capital

PrivilEdge - Amber Event Europe

Aranci Advisors

Galaxy Opportunities 

Ironshield Capital

Ironshield Special Situations L1

Kryger Capital

Kryger Event Fund

Portland Hill Asset Management

Portland Hill SICAV Catalyst Driven Fund

Sandglass Capital Advisors

Sandglass Opportunity Fund 

Syquant Capital

Helium Invest

Trium Capital

Trium Khartes

Fund of hedge funds
Aberdeen Group

Aberdeen Multi-Strategy Mandate - Conservative

Arbion

ARAS

AXA IM Prime

AXA Phoenix Fund

Carthesio

CTH SICAV - Equity Long Short Fund

Global Selection SGR SpA

Selection Holdings S.A., SICAV-FIAR - Atlantic Selection

NS Partners

Long/Short Selection - Lynx Class DPM USD

Prime Capital

PCAM Blue Chip

Reichmuth & Co

Matterhorn+

Fund of hedge funds long-term performance (5 years)
Aberdeen Group

Aberdeen Multi-Strategy Mandate - Conservative

Aberdeen Group

Aberdeen Multi-Strategy Mandate - Strategic

Arbion

ARAS

Aurum Fund Management

Aurum Alpha Fund Class I (USD) Unrestricted Shares

CATAM Asset Management

Cat Gryphon Fund

EFG Asset Management

New Capital Multi Hedge Focus Fund

Prime Capital

PCAM Blue Chip

Prime Capital

PCAM Select

Fund of hedge funds specialist
Carthesio

CTH SICAV - Equity Long Short Fund

CATAM Asset Management

Cat Gryphon Fund

NS Partners

Haussmann

NS Partners

Long/Short Selection - Lynx Class DPM USD

Prime Capital

PCAM Blue Chip

Prime Capital

PCAM Select

Stenham Asset Management

Stenham Trading

Global equity
ARR Investment Partners

ARR Global L/S Equity

Belgrave Capital Management

Vitruvius Growth Opportunities

Dominicé

Dominicé – US Equities Plus

Iguana Investments

Iguana Investments Long/Short Equity Fund

Portland Hill Asset Management

Portland Hill Flagship Fund

Quotidian Investments

The Quotidian Fund

Stouff Capital

Urizen

Taranis

Taranis Market Sentiment

Global equity long-term performance (5 years)
Alma Capital

Alma Electron Global Fund

ARR Investment Partners

ARR Global L/S Equity

Belgrave Capital Management

Vitruvius Growth Opportunities

Dominicé

Dominicé – US Equities Plus

Noster Capital Management

Noster Capital Fund

Parus Finance

Parus Fund

Seahawk Investments

Seahawk Equity Long Short Fund

Stouff Capital

Urizen

Global Macro over $500m
Broad Reach Investment Management

Broad Reach Master Fund

EDL Capital

EDL Global Opportunities Fund

Trium Capital

Trium Larissa Global Macro Fund

Global Macro up to $500m
Alpinum SICAV-SIF

Arena Global Macro Fund

Noster Capital Management

Noster Alpha Constant Fund

Noster Capital Management

Noster Capital Fund

Odin SPC

Folios Invest Global Macro SP

Quotidian Investments

The Quotidian Fund

RGL Capital

RGL Global Opportunities Fund

Macro long-term performance (5 years) over $500m
Broad Reach Investment Management

Broad Reach Master Fund

EDL Capital

EDL Global Opportunities Fund

Trium Capital

Trium Larissa Global Macro Fund

Macro long-term performance (5 years) up to $500m
Noster Capital Management

Noster Capital Fund

Quotidian Investments

The Quotidian Fund

RGL Capital

RGL Global Opportunities Fund

Managed futures (CTA) long-term performance (5 years) - over $1bn
BH-DG Systematic Trading

BH-DG Systematic Trading Master Fund

Capital Fund Management

CFM Discus Program

Episteme Capital

Episteme Systematic Quest TR (ESQTR)

John Street Capital

John Street Systematic Fund

Lynx Asset Management

The Lynx Program

Winton

Winton Major-Market Trend

Managed futures (CTA) long-term performance (5 years) - up to $1bn
Alma Capital

Winton Alma Diversified Macro

John Street Capital

John Street Horizon Fund

Nomura Alternative Investment Management

Nomura Cross Asset Momentum UCITS Fund

Quantica Capital

Quantica Managed Futures Program

Tulip Trend Fund

Tulip Trend Fund - C USD

Managed futures (CTA) over $1bn
Capital Fund Management

CFM Discus Program

Episteme Capital

Episteme Systematic Quest TR (ESQTR)

Winton

Winton Diversified Macro

Managed futures (CTA) up to $1bn
Alma Capital

Winton Alma Diversified Macro

DCM Systematic

DCM Systematic SICAV-SIF – Diversified Alpha

John Street Capital

John Street Horizon Fund

Lynx Asset Management

The Lynx Constellation Program

Nomura Aernative Investment Management

Nomura Cross Asset Momentum UCITS Fund

Taranis

Taranis Market Sentiment

Market-neutral
ActusRayPartners

ActusRayPartners European Alpha Fund

Calibrate Management

Calibrate Master Fund

Machina Capital

Machina Neutron Fund

RAM Active Investments

RAM (LUX) Systematic Funds European Market Neutral Equity

Re7 Capital

Falcon Hybrid SPC - Re7 Liquidity Fund SP

Stouff Capital

Urizen

Multi-strategy over $1bn
Capital Fund Management

CFM Stratus Program

Winton

Winton Multi-Strategy

Multi-strategy up to $1bn
ABC Arbitrage Asset Management

ABCA Opportunities Fund

Chenavari Investment Managers

Chenavari CORE Opportunities Fund

LFIS Capital

LFIS Vision - Multi-Strategy Amplitude

RBC BlueBay Asset Management

BlueBay Multi Strat Fund (BMSF)

Newcomer - credit
DCM Systematic

DCM RAIF – Solken Convertible Arbitrage

Fair Oaks Capital

Fair Oaks AAA CLO - ETF Share Class

Man Group

Man Emerging Markets Corporate Credit Alternative

TabCap Investment Management

TabCap Structured Credit Income Fund

Newcomer - equity
argan.ai

argan.ai Master Strategy

Bainbridge Partners

Bainbridge Global Long-Short Opportunities

Envestra Capital

Envestra Capital Equity Long/Short Strategy

Kingsdown Capital

Kingsdown Capital Dynamic Opportunities Fund

Newcomer - managed futures/macro
Lynx Asset Management

The Lynx Systematic Macro Program

Takahe Capital

Takahe Global Quantitative Fund

Quantitative strategy over $1bn
Capital Fund Management

CFM Discus Program

Episteme Capital

Episteme Systematic Quest TR (ESQTR)

IXI Fund Managers

IXI ICAV

Man AHL

AHL StatArb Programme

Winton

Winton Multi-Strategy

Quantitative strategy up to $1bn
Atitlan Asset Management

Atitlan Diversified Alpha Fund

Capital Fund Management

CFM Systematic Global Macro (SGM) Program

Dominicé

Dominicé – US Equities Plus

FinYX Fund SPC

FinYX Multiday Strategy

Lynx Asset Management

The Lynx Constellation Program

Stouff Capital

Urizen

Taranis

Taranis Market Sentiment

Ucits - credit
Alegra Capital

Alegra High Grade ABS Fund

Alpinum Funds

Ultra Short-Term Bond Fund

Castellain Capital

Castellain Emerging Market Credit Fund

Chenavari Investment Managers

Amundi Chenavari Credit Fund

Intermoney Gestion

Avance Multiactivos

LFIS Capital

LFIS Vision UCITS - Credit

Pictet Asset Management

PTR-Sirius

Storm Capital Management

Storm Bond Fund

TabCap Investment Management

TabCap Liquid Credit Income UCITS Fund

Ucits - equity
Amber Capital

Priviledge- Amber Event Europe

Argonaut Capital Partners

YFS Argonaut Absolute Return Fund

Belgrave Capital Management

Vitruvius Japanese Equity

Carrhae Capital

Carrhae Capital UCITS Fund

Iguana Investments

Iguana Investments Long/Short Equity Fund

Man Group

Man Asia Pacific (ex Japan) Equity Alternative

Mygale

Montlake Mygale Event Driven UCITS Fund

Pictet Asset Management

PTR-Lotus

Portland Hill Asset Management

Portland Hill SICAV Catalyst Driven Fund





Ucits - macro
BlueBalance Capital

BlueBalance Global Opportunities

H2O AM

H2O Multibonds FCP

Nomura Alternative Investment Management

Nomura Cross Asset Momentum UCITS Fund

Ucits - managed futures
Nomura Alternative Investment Management

Nomura Cross Asset Momentum UCITS Fund

Progressive Capital Partners

TULIP Trend Fund UCITS - C USD

Winton

Winton Trend Fund (UCITS)

Ucits - diversified
Capital Fund Management (CFM) (ISTEC UCITS)

CFM ISTrends Equity Capped Fund

Sanso Longchamp AM

Sanso MultiStrategies

Winton

Winton Multi-Strategy (UCITS)

Volatility fund
Danske Bank Asset Management

Global Cross Asset Volatility Fund

FERI AG

OptoFlex I

Fucius Volatility Arbitrage

Fucius Volatility Arbitrage

LeanVal Asset Management

Athena UI

Stouff Capital

Urizen