Rosseau Asset Management has been ranked the number one event driven hedge fund globally by BarclayHedge for both the five and ten year periods ending 31 December 2009 with average annual compound rates of return of 25.27 per cent and 21.47 per cent, respectively.

Warren Irwin, founder and portfolio manager, says: "In the past, we have received recognition for our returns in specific years, but to receive it for our longer-term record is especially satisfying. Rosseau takes a long-term approach to investing and we look forward to working hard to ensure our solid returns continue over the next ten years."

Rosseau Asset Management is a Toronto-based money management firm that caters to high net worth and institutional investors globally. Its objective is to maximise long-term capital appreciation through North American special situation and event driven investing, with an emphasis on Canada.