The Hedge Fund Journal has published since 2004, and has published its UCITS Hedge Awards every year since 2012. The performance data on UCITS hedge funds is gathered from various partners including LuxHedge. The Hedge Fund Journal uses its deep knowledge of the industry to categorise funds into a range of discretionary, systematic and hybrid hedge fund strategies covering most of the liquid strategies in the industry. The merger arbitrage strategy category includes funds that are wholly or mainly focused on trading post-announced merger deals. This is one of the oldest hedge fund strategies, also known as "risk arbitrage". Funds in each strategy category are ranked according to their risk-adjusted returns, which are independently calculated by our data partners (as of December 2023).

The Fund’s Research Team implement a unique proprietary methodology to evaluate the fund’s Sustainability level across three pillars: Asset Management, Strategy, and Portfolio. This methodology is aligned with the EU Regulation on sustainable finance.

*Sustainable Finance Disclosure Regulation (SFDR) 2019/2088. EU Act that requires asset managers to classify funds into categories, “Article 8” funds promote environmental and social characteristics, “Article 9” funds have sustainable investments as a measurable objective. In addition to not promoting environmental or social characteristics, "Article 6" funds have no sustainable objectives. For more information, please refer to https://eur-lex.europa.eu/eli/reg/2019/2088.

FundCalibre uses its proprietary quantitative screening tool, AlphaQuest, to screen funds regarding the risk-adjusted performance. Besides, managers must have at least three years of track-record to be considered. AlphaQuest analyses the consistency of the alpha as well as its absolute level. It uses weekly data over 10 years (or the life of the fund or tenure of a manager if shorter) to calculate both the average annualised alpha and the annualised volatility of the alpha. It uses this data to generate an expected alpha range and predict the probability of positive future alpha in a statistically robust way. For more information, please visit: https://www.fundcalibre.com/.