This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Fortress Asia Macro Fund Named “Best Asia-Based Macro Fund” And “Best Singapore Hedge Fund” At Eurekahedge Asian Hedge Fund Awards 2013

Stocks in this article: FIG

Fortress Investment Group’s (NYSE: FIG) Fortress Asia Macro Fund was named “Best Asia-Based Macro Fund” and “Best Singapore Hedge Fund” at the Eurekahedge Asian Hedge Fund Awards 2013. Award winners were selected by an independent panel of judges based on qualitative and quantitative factors, including performance in 2012 and the first quarter of 2013. The fund was previously recognized by Eurekahedge, the world’s largest alternative investment funds research house, as “Best New Asia Hedge Fund” in 2012.

The Fortress Asia Macro Fund is managed by a Singapore-based team headed by chief investment officer Adam Levinson. Since relocating to Singapore in 2010, Levinson has led the build-out of a team of over 20 professionals—including portfolio management, trade execution and dedicated research capabilities—focused on exploiting opportunities thematically linked to the Asia-Pacific region. The Fortress Asia Macro fund recorded net returns of 21.2% in 2012 and 11.9% year-to-date through May 31, 2013.

“It is an honor to be recognized by Eurekahedge for a second consecutive year,” said Levinson. “We are thankful for the confidence our clients and their advisors continue to place in the Asia Macro team, and remain intensely focused on earning that confidence time and again. We believe that our highly differentiated macro strategy and unique implementation, combined with our physical location in Singapore, remains advantageous in capitalizing on Asia-Pacific linked themes expressed across a range of instruments, asset classes and geographies.”

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment firm with over $55 billion in assets under management as of March 31, 2013. Founded in 1998, Fortress manages assets on behalf of over 1,500 institutional clients and private investors worldwide across a range of investment strategies—private equity, credit, liquid hedge funds and traditional asset management. Fortress is publicly traded on the New York Stock Exchange (NYSE: FIG). For additional information, please visit www.fortress.com.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs