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Tuesday, April 5, 2011

They Sure Didn't use NOT to Get These Numbers!!!

Rosseau Managed Funds Ranked #1 and #2 Event Driven Hedge Funds in the World Over the Past 5-year Period

TORONTO, April 5 /CNW/ - Two hedge funds managed by Rosseau Asset Management Ltd. were ranked the #1 and #2 Event Driven Hedge Funds globally by BarclayHedge for the 5-year period ending December 31, 2010.  The G10-Rosseau Special Situations Fund was ranked #1 with a 5-year average annual compound rate of return of 33.95%, while Rosseau LP was ranked #2 with a 27.12% return.
Warren Irwin, founder and portfolio manager, is pleased to be recognized by an industry leader like BarclayHedge for Rosseau's achievements.  "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 five years."
About Rosseau Asset Management Ltd.:
Rosseau Asset Management Ltd. is a Toronto-based money management firm that caters to high net worth and institutional investors globally.  Rosseau's objective is to maximize long-term capital appreciation through North American special situation and event driven investing, with an emphasis on Canada.  A core competency in fundamental research allows Rosseau to identify opportunities in corporate restructurings, turnarounds, bankruptcies, unique growth opportunities and other special situations.  Assets under management are in excess of $300 million.

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