NWQ fund ranked top in Asia-Pacific

Perth-based boutique investment firm NWQ Capital Management has reached the top of the ranks in risk-adjusted performance for its hedge fund, which invests in hedge-fund products in the Asia-Pacific.

Industry standard database Eurekahedge conducted the top ranking by comparing 52 funds that invest in hedge funds in the Asia-Pacific in July, and placed NWQ’s flagship Fiduciary Fund at number one.

NWQ said its Fiduciary Fund, which invests across a portfolio of Australian cash, fixed-income, and equities managers, was also ranked number one in the field of avoidance of capital losses.

“This is a strong endorsement of our belief that investors seeking low-risk solutions for achieving strong equity-like returns need not look to the traditional financial capitals of Hong Kong, London, New York or even Sydney – we are consistently achieving impressive results locally, in Perth,” NWQ chief executive officer Jonathon Horton said.

“Our Fiduciary Fund strategy of investing across a diversified portfolio of carefully selected Australian cash, fixed-income, and equities managers with a strong ‘absolute return’ focus has been successful historically and we believe will continue to exhibit superior returns, as signs of greater risk emerge in the global economy.”

When NWQ completed its equity raising in June, it acquired new shareholders such as Hoperidge Capital and the family office of James McClements.

Hoperidge Capital is a private investment company belonging to Rod Jones, who is the chief executive officer of education provider Navitas, while Mr McClements is the co-founder of global private equity firm Resource Capital Funds.