Categories and Criteria

To ensure the HFM European Performance Awards continues to be the pre-eminent industry awards, the categories are developed in consultation with leading firms to ensure they reflect the fast-moving nature of the sector.

Recognising the full breadth of the European hedge fund sector with over 40 categories, entering the Awards provides a platform to demonstrate your achievements in front of investors and stand out from your competitors.

Showcase your outstanding performance

If you’re a hedge fund, CTA or FoHF with a track record of outstanding returns and excellent performance and growth over the past 12 months, then there's a category for you to enter.

Your fund must have its management team based in Europe and the judges will need to see monthly performance data in USD for your share class.

The minimum AUM is set at $25 million for all the categories except for Newcomer and Digital Assets where the AUM is set at $10 million and FoHF is set at $50 million.

The minimum track record is 3 years of monthly performance data for most categories.

Categories


Credit*

Credit - long/short
Credit - distressed
Credit - relative value
Credit long-term performance (5 years)
Newcomer - credit

CTA/Managed futures

Alternative markets fund
Managed futures (CTA) over $1bn
Managed futures (CTA) under $1bn
Managed futures (CTA) long-term performance (5 years)
Newcomer - managed futures
Quantitative strategy over $1bn
Quantitative strategy under $1bn

Event-driven

Merger arbitrage
Event-driven over $500m
Event-driven under $500m

Equity

ESG Fund
European equity over $500m
European equity under $500m
European equity long-term performance (5 years)
Market Neutral
Global equity over $500m
Global equity under $500m
Global equity long-term performance (5 years)
Newcomer - equity

FoHF

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

Macro**

Newcomer - macro
Global macro
Macro long-term performance (5 years)

Other

Alternative risk premia
Digital assets fund
Commodities fund
Emerging market debt
Emerging market equity
Multi-strategy over $1bn***
Multi-strategy under $1bn***
Volatility fund

Ucits

Ucits - credit
Ucits - diversified
Ucits - equity
Ucits - macro
Ucits - managed fixtures


N
omination-only categories

Billion Dollar
Fund of the Year
Management Firm of the Year
Outstanding Achievement

*Open-ended funds only with at least quarterly redeemable share classes

**Discretionary global macro funds only

***Open to funds trading multiple distinct hedge fund strategies. Excludes FoHFs

Entry criteria


1. Inclusion:

The Awards are open to all European hedge funds, fund of funds, and CTA firms. A link to the entry form will be sent to all eligible managers and contacts in the With Intelligence database. Other interested managers can access the online entry form via this website. Funds interested in participating in the awards programme must submit all information via the official HFM European Performance Awards 2024 online entry form.

Please note that all funds must have submitted a completed entry form with end of June 2024 data to be considered for the awards; incomplete information might lead to disqualification from the entry process. Please note that the “Management firm of the year”, “Best billion dollar fund”, and “Outstanding achievement” categories are not open to entries. The shortlist for these categories will be compiled by a panel of industry experts.

2. Criteria:

Any fund satisfying the following criteria is eligible for the HFM European Performance Awards 2024:

» Base of operations: Funds must have their management/advisory company or team based in Europe.

» Share class: Funds must submit monthly performance data for their USD share class. If unavailable, EUR share class data will be accepted and HFM will convert it to USD.

» Assets under management: Funds submitting for all categories (apart from newcomer, digital assets and fund of hedge funds categories) must have a minimum of $25m in AuM as of end of June 2024. Funds submitting for newcomer and digital assets categories must have a minimum of $10m in AuM as of end of June 2024. Funds submitting for funds of hedge funds categories must have a minimum of $50m in AuM as of end of June 2024.

» Track record: Funds entering any of the categories except newcomer, ESG, best digital assets and alternative risk premia must submit a 3-year track record of monthly performance data through enf of June 2024. Funds entering the newcomer categories must have a track record of monthly performance data of at least 12 months and less than 36 months (that is between 12 and 35 months) through end of June 2024. Funds entering the ESG, best digital assets and alternative risk premia categories must have a track record of monthly performance data of at least 12 months through end of June 2024. Funds entering the long-term performance (5 years) categories must submit a 5-year track record of monthly performance data through end of June 2024.

Entry Enquiries

If you have any questions or need any more information please contact Sean.

TABLE BOOKINGS
Sean Dal Molin-McEvoy
+44 20 7139 1561