NEW YORK, March 3, 2015 /PRNewswire/ -- TIG Advisors, LLC's securitized asset strategy, which started in October 2012, was recognized in the 2014's Best Fixed Income & Mortgage Backed Securities Fund category by Hedge Fund Intelligence's Absolute Return awards. The awards ceremony was held in New York City on February 26, 2015.
Winners of the Absolute Return awards were announced at Gotham Hall, recognizing the best performing US hedge fund managers. In their research, Absolute Return emphasized the quality of returns more than the quantity. Stuart Lippman and David Liu, co-founders of the strategy, accepted the award.
"An Absolute Return Award is a prestigious industry accolade which we're proud to accept," said David Liu, co-founder of the securitized asset strategy at TIG. "Our receiving an award for the second consecutive year is truly an honor. Being named by Absolute Return is especially pleasing as their criteria emphasize, not just overall returns, but risk-adjusted returns."
TIG's securitized asset strategy was selected from a group of nominees based on data included in Absolute Return's comprehensive Database of US Funds. The winners were chosen on the basis of various quantitative factors, including Sharpe ratio, performance and assets.
"Our strategy builds upon TIG Advisors' 35 years of investing experience," said Stuart Lippman. "We look forward to continuing to apply our methods in order to strive to generate steady and attractive returns in 2015 and beyond."
TIG's securitized asset strategy was started by Stuart Lippman and David Liu, who together have more than three decades of experience investing in structured products. The strategy has a relative value focus, seeking to profit from both market fundamentals and dislocations created by regulatory changes, policy issues and market technicals focusing on RMBS/CMBS/ABS securities.
About TIG Advisors
TIG Advisors, LLC ("TIG") is an SEC registered investment adviser. Founded in 1980, the firm is engaged in the active management of alternative asset funds and their underlying businesses. The company seeks to partner with experienced and talented managers that it believes have proven and repeatable investment processes. The firm strives to provide a platform for managers to preserve the culture, philosophy, and research capability that is distinct to their investment discipline, while also drawing on the institutional infrastructure of TIG.
SOURCE TIG Advisors, LLC