TORONTO, July 26, 2013 /CNW/ - Purpose Investments Inc. ("Purpose") congratulates Breton Hill Capital Ltd. ("Breton Hill Capital") on receiving the "Best Canadian Hedge Fund Award" at the Hedge Funds Review Americas Awards 2013. At a ceremony held last night in New York City, awards were presented to top hedge funds and fund of funds from the U.S., Canada and Latin America. Award winners were selected using a rigorous methodology that combines both quantitative and qualitative analysis.
The goal at Purpose is to bring the highest quality investment solutions to Canadians, and our strategic relationship with Breton Hill Capital gives Purpose a key competitive advantage to accomplish this. Breton Hill Capital provides the engine that Purpose uses to power its investment strategies. This partnership will allow Purpose to build a strong suite of low fee investment products, with expertise typically only accessible to institutions, for every Canadian investor small and large.
Breton Hill Capital's core investment principles of identifying macro trends, unlocking value by capturing micro-inefficiencies, controlling short-term risks to preserve capital, focusing on rigorous quantitative research and building best-in-class infrastructure are a perfect fit with Purpose's dedication to offering investors access to intelligent and innovative investment products. Investors and their advisors are not only looking for better returns, but are increasingly focused on risk management strategies as well - an area Purpose feels is missing in Canada.
"All of us at Purpose are thrilled to see Breton Hill Capital get this well-deserved recognition," said Som Seif, President and CEO, Purpose Investments. "We've always believed Breton Hill to be a hidden gem in Canada. Our partnership with them gives us amazing confidence to achieve our vision to bring the highest quality investment solutions to Canadian investors."
Breton Hill Capital will be the strategic investment advisor to Purpose's investment funds. Breton Hill Capital currently manages NexC Partners Corp. (TSX: NXC), an investment fund established to provide investors with a high quality investment portfolio and also an equity stake in Purpose Investments Inc. Breton Hill will be the investment advisor to five upcoming Purpose investment funds.
About Purpose Investments
Purpose Investments Inc. is committed to enabling all investors to have access to great investment products at reasonable fees. Through innovative and thoughtful product design and development, our investment strategies will be managed with prudence, a long-term perspective, and with the goal of providing returns that are consistently better than those of a benchmark index. Purpose believes in focusing first on managing risk and creating value that is currently missing from the marketplace, thus empowering all Canadians to be better investors.
SOURCE: Purpose Investments Inc.
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