Winner - Global Multi-Strategy ($500 million -$1 billion) over 3
years SSARIS Multi-Manager Absolute Return Strategy
WILTON, Conn.--(BUSINESS WIRE)--
SSARIS Advisors, LLC, an absolute return hedge fund and fund of funds
manager and a State Street Global Alliance portfolio company, announced
today that it was honored at the annual InvestHedge Fund of Hedge
Funds Awards ceremony held last night in New York City. SSARIS garnered
a win in the "Global Multi-Strategy ($500 million -$1 billion) over 3
years" category for its Multi-Manager Absolute Return Strategy. The
Strategy was also nominated in the "Global Multi-Strategy ($100 million
- $500 million)" category. In the category of Arbitrage, SSARIS
was nominated for its Multi-Manager Relative Value Strategy.
For the third consecutive year SSARIS' Fund of Fund products have won an InvestHedge
award. For the eighth year InvestHedge, a Hedge Fund Intelligence
publication dedicated to investors in hedge funds, has recognized
excellence in risk-adjusted performance among the global fund of hedge
funds universe.
To qualify, all funds of funds must provide a strategy allocation
breakdown for each fund nominated. InvestHedge has the final say
in which category a fund is nominated. Winners are decided using an
established methodology based on a combination of Sharpe ratios and
returns over the relevant time period.
About SSARIS Advisors, LLC
SSARIS Advisors, LLC is a majority-owned subsidiary of State Street
Global Alliance, LLC. SSARIS Advisors, LLC was founded in 2001 and is
directed by Mark Rosenberg, Chairman and CIO; Peter Hinrichs, CFO and
Chief Compliance Officer; and Jim Tomeo, COO and Senior Portfolio
Manager.
About State Street Global Advisors
State Street Global Advisors, the investment management business of
State Street Corporation (NYSE: STT), delivers investment strategies and
integrated solutions to clients worldwide across every asset class,
investment approach and style. With $1.9 trillion in assets under
management at December 31, 2009, State Street Global Advisors has
investment centers in Boston, Hong Kong, London, Montreal, Munich,
Paris, Singapore, Sydney, Tokyo, Toronto and Zurich, and offices in 26
cities worldwide. For more information, visit State Street Global
Advisors at www.ssga.com.
Source: State Street Corporation
Contact: SSARIS Advisors, LLC
Sheri Lamoreaux, 203-328-7200
slamoreaux@ssaris.com
www.ssaris.com