Dynamics Sehgal wins North American hedge fund award

Date: Thursday, April 10, 2008
Author: Advisor.ca

The Dynamic Power Hedge Fund, managed by Rohit Sehgal, was named best event-driven hedge fund at the first North American Lipper Hedge Fund Awards on Wednesday evening.

Lipper selected the Dynamic Power Hedge Fund ahead of 101 competitor funds in North America within the Event-Driven category because it achieved the highest Lipper Leader rating for consistent (or effective) return value within its classification.

"Since joining Goodman & Company in 1998, Rohit has been able to achieve phenomenal success," says David Goodman, president and CEO, DundeeWealth. "Rohit has been raising the bar for growth managers in Canada for more than 35 years. Under his leadership, we are setting new standards for investment excellence in Canada and around the world."

Sehgal's Dynamic Power Hedge Fund is the top performing fund in the three- and five-year time periods ending February 29, 2008, within Morningstar Canada's PALTrak universe of funds, DundeeWealth says. It has also achieved top spots in Bloomberg Markets Magazine's best non-U.S. funds lists in 2006 and 2007 (second and fourth place respectively).