Rosseau Managed Funds Ranked #1 and #2 Event Driven Hedge Funds in the World Over the Past 5-year PeriodBy Rosseau Asset Management Ltd., PRNE
Monday, April 4, 2011
TORONTO, April 5, 2011 - Two hedge funds managed by Rosseau Asset Management Ltd. were ranked the
#1 and #2 Event Driven Hedge Funds globally by BarclayHedge for the 5-year
period ending December 31, 2010. The G10-Rosseau Special Situations Fund was
ranked #1 with a 5-year average annual compound rate of return of 33.95%,
while Rosseau LP was ranked #2 with a 27.12% return.
Warren Irwin, founder and portfolio manager, is pleased to be recognized
by an industry leader like BarclayHedge for Rosseau's achievements. "In the
past, we have received recognition for our returns in specific years, but to
receive it for our longer-term record is especially satisfying. Rosseau takes
a long-term approach to investing and we look forward to working hard to
ensure our solid returns continue over the next five years."
About Rosseau Asset Management Ltd.:
Rosseau Asset Management Ltd. is a Toronto-based money management firm
that caters to high net worth and institutional investors globally. Rosseau's
objective is to maximize long-term capital appreciation through North
American special situation and event driven investing, with an emphasis on
Canada. A core competency in fundamental research allows Rosseau to identify
opportunities in corporate restructurings, turnarounds, bankruptcies, unique
growth opportunities and other special situations. Assets under management
are in excess of $300 million.
For further information: Jow Lee, Chief Financial Officer, Rosseau Asset Management Ltd., +1(416)777-0712, jwlee at rosseau.com
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