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

Fund Focus: Asian Frontier Capital Offers U.S. Investors Access To Untapped Markets

Mar 2 2015 | 6:47am ET

Hong-Kong based asset manager Asian Frontier Capital is making a capital raising...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk Management: The Due Diligence Challenge And Branding Opportunity

Mar 2 2015 | 8:41am ET

The hedge fund firms that make it easier for prospective investors to gain comfort...

 

Editor's Note