RAM Wins Top Fund Award New Canaan, CT ‚?? (October 21, 2010) ‚?? The 2010 Lipper Hedge Fund Award for the Best North American Managed Futures CTA Hedge Fund has been presented to New Canaan, CT based RAM Management Group.
One of the industry‚??s most prestigious awards, the Lipper Awards were announced by Aureliano Gentilini, global head of hedge fund research for Lipper, which is part of Thompson Reuters, during a ceremony held at the Metropolitan Club in New York City. RAM‚??s fund received the honor, which recognizes consistent returns produced by the top funds over a three-year period. ‚??Based on the quantitative fund rating methodology of Lipper Leaders for Consistent Return, the Lipper Hedge Fund Awards recognize not only the superior performance but also the consistency of return mapping a risk/return profile that remained intact for hedge fund managers in the June 2007-June 2010 period,‚?Ě Aureliano said.
‚??Congratulations to all managers who were able to navigate market dislocation factors, correlations drivers, and macro disturbances throughout the three year period of measurement.‚?Ě Robert Moss, president of RAM, said, ‚??We are honored that our efforts in providing a dynamic investment product have been recognized. While hedge funds had to ride out some wild market gyrations the past three years, including global financial crisis and economic downturn, RAM was able to capitalize on several key market moves.‚?Ě According to Lipper, the hedge fund awards take the entire universe of hedge funds in the Lipper database and divide them into single-manager funds and funds of hedge funds. Within each of those subsets, the managers are divided again into North American, European and offshore classifications. Then within each of those, winners are chosen from among the various strategies: equity market neutral, fixed income arbitrage, global macro, long/short equity, managed futures/CTA, convertible arbitrage, emerging markets, event-driven and multi strategy. The funds are ranked by consistency of risk-adjusted returns. Full details about the methodology and a complete list of the award winners is published on Lipper's website at http://excellence.thomsonreuters.com/awards/lipper/hedge-fund-awards/2010
Only funds with three-year track records were considered. If any strategy within a geographic location didn‚??t have at least 10 funds with a three-year track record in the Lipper database, no winner was chosen. Funds were ranked by consistency of risk-adjusted returns. That consistency is measured using a proprietary quantitative method. As an alternative investment provider, RAM was particularly honored based on the award‚??s multi-year performance in today's economic environment. Jeff Earle, a RAM partner, explained, ‚??The true long-term benefit for our clients is not only that RAM‚??s programs out-perform the stock market, but have done it without correlation to the equity and bond markets. We are not a substitute, but rather a complement to a traditional stock and bond market portfolio, as events that trigger negative performance in traditional markets frequently create profit opportunities for RAM‚??s approach to trading.‚?Ě
It is not the first time RAM has received an honor for its financial management. In 2005, 2007 and 2008, RAM was named in The Annual Top Traders article published by Futures Magazine. The recent accolade further reinforces RAM‚??s philosophy of offering alternative investment programs to clients. ‚??With a small allocation to RAM, clients have improved their overall portfolio returns, while at the same time lowering their portfolio‚??s volatility,‚?Ě Earle said. Founded in 1991, RAM Management Group, based in New Canaan, CT, trades in over 25 different global futures markets. The company specializes in providing a vehicle for the alternative investment class allocation to an individual‚??s financial portfolio. RAM cautions that although past performance is not necessarily indicative of future returns there is a risk of loss in investing, and before investing in anything please carefully read the prospectus containing investment objectives, risks, and expenses. For RAM Management Investment Programs, Contact: RAM Management Group, Ltd., 16 Forest Street, New Canaan, CT 06840 T: 203-972-1000; Fax: 203-972-8007; E-Mail: JeffreysEarle@hotmail.com Partners at RAM include New Canaan residents, Jeff Earle and Charles Blaisdell; Stamford resident, Robert Moss; Kevin Smith from Mendham, NJ; and Rich Mullarkey of Millstone Township, NJ