Nominees must meet a number of qualitative and quantitative criteria and should have a significant presence in european market.
The selection process aims to rank fund of hedge funds versus competitors given quantitative criteria (annualized returns, Sharpe ratio, monthly drawdown, volatility ...) over 12 months (July 2009 - June 2010).
Thus, the jury shall take into account some qualitative factors such as innovation and investors relationship quality to issue the award.
"We are very proud to receive this award. It shows the quality of our business model and performances delivered for investors these years. Today the business incubator, which brings together investors seeking diversification and growing talented managers, is well recognized and establish itself as essential in asset management’s value chain", said Antoine Rolland CEO of NewAlpha