Global investment institution Lighthouse Canton has announced that LC Beacon Global Fund, managed by Lighthouse Canton, has won the top spot in the Macro (Below $500m) category, at the prestigious 21st HFM APAC Performance Awards.
The HFM APAC Performance Awards are known for their objective and rigorous evaluation, using both Sharpe ratio and absolute return to highlight the hedge funds that best achieve two critical goals—managing volatility and delivering consistent, positive returns to investors.
LC Beacon Global Fund focuses on a dual-strategy approach, generating steady risk adjusted returns with low volatility and correlation to equity and bond markets. It generates steady, uncorrelated returns by investing in short-dated fixed-income instruments, relative value market-neutral trading strategies and arbitrages across all major liquid asset classes.
Fund’s annualized return for 2024 stands at 9.43%, with a 1.02% gain in August, showcasing an impressive 4.01% outperformance over SOFR during this period.
Sanket Sinha, Global Head of Asset Management at Lighthouse Canton, expressed, "We are honored to receive this recognition for LC Beacon Global Fund. Our commitment has always been to generate superior risk-adjusted returns and create long-term value for our private and institutional clients. This award not only showcases the strength of our asset management capabilities but also affirms the success of our strategy that merges deep fundamental analysis with innovative investment approaches."
Sunil Kalra, Portfolio Manager for LC Beacon Global Fund, added, “Winning the HFM APAC Performance Award is a significant milestone for LC Beacon Global Fund and the team. This recognition underscores our conviction and our investor's confidence in the Fund’s unique dual strategy model and its ability to be an effective diversifier in investors’ portfolios. Since inception in 2016, the Fund has not seen a negative month. The numbers are a strong demonstration of our team's extensive expertise and commitment to maintaining high performance standards and delivering value to our investors."
Headquartered in Singapore, Lighthouse Canton is a global investment institution with wealth and asset management capabilities. Lighthouse Canton employs over 160 experienced professionals across its offices in Singapore, Dubai, India, and London, and oversees over US$ 3.7 billion worth of assets under management and advisory (as of 30th June, 2024).
Its Asset Management business invests on behalf of private accredited clients and institutional investor, comprising strong internal product capabilities in hedge funds, private equity, traditional fundamental analysis. It runs 8 private and public market funds investing through multiple strategies in real estate private equity, direct lending, venture capital, venture debt, public equities, and global macros.
Learn more about LC Beacon Global Fund here.