Financial News Award 2015

May 2015

We are proud that our Manager Research team has been recognised by Financial News as the Best Allocator to Hedge Funds. 

Our Manager Research team is a key component behind our steady performance for clients. During 2014 the hedge funds we selected for allocation averaged a gain of just under 10%, versus 3.3% for the HFRI Fund Weighted Composite index.

Christopher Parkinson, Cardano’s head of manager research, commented: “We are incredibly pleased to be recognised in the industry for our approach. We believe that by having courage in our convictions based on our judgement and research, while being able to invest with good managers on day one rather than following the crowd into consensus options, has allowed us to deliver steady returns for clients despite the macroeconomic background."