AlphaNorth repeats

For the second year in a row, Toronto-based AlphaNorth Asset Management’s AlphaNorth Partners Fund has won the award for “Best Three-Year Annualized Return” at the annual Canadian Hedge Fund Awards. Since the fund’s inception in December 2007, it has operated as a long biased small-cap hedge fund with a focus on Canadian companies. Between July 31, 2009, and July 31, 2012, the AlphaNorth fund had returns of 37.4%, vs the 0.1% earned by its benchmark, the S&P/TSX Venture Exchange.

(fcollie@investmentexecutive.com)