The 2008 Alternative Investment Management Association (AIMA) Awards were held in Sydney on Thursday 4th September recognising achievement and excellence within the Australian hedge fund industry.
The awards were well attended by industry participants and coincide with the annual Hedge Funds Rock charity evening supporting Cure Our Kids in raising funds for the Oncology Unit at Westmead Children's Hospital.
Over 200 funds were judged from which 15 finalists were chosen across 8 categories.
The Australian Hedge Fund of the Year was awarded to Fortitude Capital Absolute Return Trust, a multi-strategy market neutral fund specialising in Australian listed equities and derivatives.
Other awards included Mathews Capital Sabra Fund Best Long Short Absolute Return Fund; Bennelong Long Short Fund Best Market Neutral Fund; Kaiser Trading Fund SPC Best Global Macro/Futures Fund; Kapstream Absolute Return Income Fund Best Emerging Manager; and Investor Select Advisors Global Opportunity Best Fund of Funds.
TelstraSuper was rated the Best Investor Supporting Australian Managers and Kim Ivey, the Chairman of the Australian Chapter of AMIA, was recognised for his long-standing contribution to the Australian Hedge Fund Industry.