Allocator has Announced TIG Arbitrage Enhanced as a 2019 Investors Choice Awards Winner
TIG Arbitrage Enhanced is officially recognized as the Investors Choice Winner in the Event Driven Fund under $500m category at the Americas Investors Choice Awards 2019.
LONDON, May 6, 2019 /PRNewswire-PRWeb/ -- Allocator, a leading data platform for the investment management industry, has announced the winners for the Investors Choice Awards 2019. This year, 70 global allocators participated as judges, submitting over 1,000 scores across the 250 top-performing funds.
The Investors Choice Winners were selected by the judging panel as the top fund in their respective categories based on a combination of quantitative and qualitative criteria. These include risk-adjusted returns, maximum drawdown, investment process, depth of research team, and ability to generate alpha.
David Tawil, co-founder of Allocator commented, "TIG Arbitrage Enhanced should be extremely proud of this achievement. To be selected by our esteemed judges as the best fund in the Event Driven Fund under $500m category is a fantastic feat."
Drew Figdor, Portfolio Manager of TIG Arbitrage Enhanced, also commented, "We are very proud to be recognized as an Investors Choice Winner at this year's awards. It is great recognition for all the hard work that everyone at TIG Advisors puts in every day and reaffirms our commitment to delivering low-volatility, uncorrelated outperformance, and consistent returns for our clients."
About Allocator:
Allocator is a fast-growing FinTech startup in the investment management industry. Led by a team of experts, Allocator offers an online platform for institutional investors and family offices to manage the flow of fund data so they can better understand their current and prospective investments. Allocator is used by some of the world's largest investor companies and has experienced strong growth with over 4,000 funds now piping their data through the platform (data on over $6trn of assets).
For more information about Allocator, please visit http://www.allocator.com
About TIG Advisors and TIG Arbitrage:
TIG Advisors LLC, an SEC registered investment adviser founded in 1980, is engaged in the active management of hedge funds and their underlying businesses. TIG currently manages three distinct strategies with approximately $5.0 billion in firm assets.
The merger arbitrage strategy at TIG is currently approximately $2.8 billion in AUM and employs a global, event-driven investment style which seeks to generate absolute, uncorrelated returns through all market cycles. The strategy is focused on near-dated (0-30 days), hard-catalyst events within the merger process. TIG's research process is focused primarily on complex events and is not dependent on deal flow. The team looks for wide spreads, hostile deals and opportunities where the M&A process can drive value, with an emphasis on regulatorily complex anti-trust situations. Drew Figdor has been the sole Portfolio Manager of the fund since 1993 and has a 26-year track record.
For more information about the awards, please visit http://www.investorschoiceawards.com
SOURCE Allocator
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