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05/28/2015

Tendance Finance awarded Best Emerging CTA Manager for the second consecutive year

NewAlpha Asset Management is delighted to announce that Tendance Finance has been distinguished among the best hedge fund managers at the 15th Annual European Single Manager Awards organized by Hedge Funds Review in London on 21 May 2015.

Tendance Finance received three awards1 from the judging panel comprised of highly respected alternative investment industry professionals, including pension funds, consultancies and funds of hedge funds :

  •     Best Emerging Managed Futures/CTA hedge fund manager
  •     Best Alternative UCITS hedge fund
  •     Best Sub-$100 Million Alternative UCITS fund

This is the second consecutive year that Tendance Finance is awarded Best Emerging Managed Futures/CTA hedge fund manager.

Based in Paris, Tendance Finance is a CTA quantitative manager that differentiates from its peers by an innovative global Trend Picking approach executed on a wide range of fixed income, equity, currency and commodity markets. Overall, the fund and the programs overseen by Tendance Finance represent a total of 80 million Euros. 

Registered in Luxembourg as a UCITS fund, the Next AM Fund Tendance Finance unit returned 25.25% in 2014 and 15.09% annualized since inception in May 2012. In 2015, the fund is 9.29% up to 30 April with a standard deviation under 10%.

NewAlpha has been a strategic investor of the Next AM Fund Tendance Finance unit since launch in May 2012.

These awards give us the opportunity to congratulate the Tendance Finance team for the quality and robustness of their performance and thank our investors for their commitment to the investment approach developed by NewAlpha to select the best emerging talents of the hedge fund industry.

Out of the 30 hedge fund managers seeded by NewAlpha since entering the seeding business in 2004, 18 have been awarded in their category, sometimes during several consecutive years.

(1) Awards do not guarantee the performance of the fund and is not an indication of future performance.

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