Global institutional advisory firm Cornerstone Capital Management has been named as “Best 130/30 Strategy Hedge Fund” for 2016 by Hedgeweek. 

The award celebrates Cornerstone’s outstanding performance in the long-short equity fund strategy and underscores the team’s ability to navigate the complexities of the market to drive strong portfolio returns in 2015.

The Hedgeweek Awards 2016 for excellence among hedge fund managers and service providers celebrate the achievements of firms that contributed to another significant year for the sector in 2015. The shortlist of top performers was produced by Preqin, the alternative asset industry’s leading source of data and intelligence, and the final winners were voted on by Hedgeweek readers.

“We are thrilled to have received this kind of positive recognition for our performance and investment management strategies,” says James Wylie, senior vice president, global head of distribution at Cornerstone Capital Management. “Our philosophy is rooted in research and creativity, enabling us to deliver what we believe to be the highest quality investment products and services to our clients regardless of economic conditions. Our historical time-tested performance is a strong indicator of our understanding of US and international markets and how best to navigate them to deliver competitive results. ”