Pharos Russia Fund Off To Awarding Start In ‘10

Mar 5 2010 | 2:50pm ET

Moscow-based hedge fund firm Pharos Financial Group is doing very well in its home base.

The firm’s Russia Fund is up 7.3% this year, just in time for Pharos to be named the best hedge fund manager at Terrapinn’s fourth annual Middle East hedge fund awards on Sunday. Of course, success is nothing new for the Pharos fund, which has been the best-performing Russian hedge fund over the past 13 years and has annualized returns of 26.1% since 2000.

Pharos’ long/short fund is currently long-biased, as the firm has a positive outlook on Russian stocks.

Pharos was founded by American Peter Halloran in 1997, and opened an office in Dubai in 2008.

The Terrapinn award is based on historical track record, downside protection, 2009 performance and marketing in the Middle East.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of