TORONTO, April 5 /CNW/ - 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
SOURCE Rosseau Asset Management Ltd.
For further information:
Chief Financial Officer
Rosseau Asset Management Ltd.
+1 (416) 777-0712