Meridian Capital Partners, Inc. is pleased to report that Meridian Diversified Fund, Ltd., a part of Meridian's diversified fund of hedge funds strategy launched in 1994, was recently named the Best Multi-Strategy Fund of Hedge Funds in its class by HFMWeek, a leading hedge fund industry publication. Meridian Diversified Fund was honored in connection with HFMWeek's 2011 U.S. Performance Awards. The fund won in the category of best multi-strategy fund with assets under $250 million and was also shortlisted as one of the best funds of hedge funds in the long-term performance category. (more)
Meridian Capital Partners, Inc. is pleased to report that Meridian Horizon Fund, L.P., Meridian’s diversified fund of hedge funds launched in 1994, was recently named the Best Diversified Fund of Hedge Funds in North America by World Finance, a leading financial magazine produced by World News Media in London. Meridian Horizon Fund was honored in connection with World Finance’s 2011 Hedge Funds Awards. The judging panel organized by World Finance selected Meridian Horizon Fund primarily based on its superior long term track record. (more)
The Great Bull Market in Bonds Is Over - What Comes Next?
by John L. Sica, President
In 2008, for the first time in 50 years, the 3.4% yield on the benchmark 10-year Treasury bond dipped below the 3.5% dividend yield on the S&P 500 stock market index. The yield on the 10-year Treasury bond has since declined to near 2.8%, driven by accommodative Federal Reserve policy and continued investor demand for bonds as a "safe haven," seemingly without regard to valuation levels. Corporations are taking advantage of the low yields investors are willing to accept by issuing bonds at a record pace and at yields that would have been unheard of just a few years ago. (more)
The awards described above are based initially on responses to questionnaires completed by numerous funds-of-hedge funds or funds-of-hedge funds managers, or on the basis of performance information available from various databases. Each awards sponsor organized a judging panel that selected a winner and several finalists, primarily on the basis of annual or year-to-date performance. Additional criteria may include volatility, risk management, track record and quality of service providers. Past performance is not necessarily indicative of future results.