Pharos Russia Fund Off To Awarding Start In ‘10

Mar 5 2010 | 3:50pm 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

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of