Annapurna Global Macro and LP have won the prestigious Hedgeweek American Award
Taos, New Mexico, November 10th ( PRNewswire ) – The commodity fund Annapurna Global Macro, operated by Annapurna Capital GP and LLC, won the “Annual Performance of Discretionary Macro Funds Under $100 Million” award for 2026. Annapurna Capital GP and LLC are members of NFA and are also registered with CPO and CTA. Last year, this award for “Annual Performance of Discretionary Macro Funds” was won by Citadel. The award is based on performance indicators submitted by managers that meet industry standards, with the statistical period being from April 2025 to March 2026.
Chief Investment Officer Marshall Brandt stated: "To receive this award in our first year of managing external capital demonstrates our capabilities and proves the feasibility of our policy-centric approach. We hope that it will continue to generate excess returns for many years to come. Thank you to our investors, as well as the women who have been so inclusive of us in our lives."
Chief Compliance/Operations Officer Lukas Larsson stated: "We are delighted to open this strategy, which was originally intended for QEP only, to unmanaged SMA, so that investors who meet the criteria can now have access to it."
Portfolio Manager Will Steffe said when discussing the launch of CTA: "We want to control leverage so that investors can decide for themselves how much risk to take within CTA SMA structures with different levels of capital. From its establishment in February 2025 to October 2026, the average margin utilization rate of this fund was 4.41%, with an annualized volatility of 6.39%."
Annapurna President Grant DeFehr pointed out its low correlation: "From its establishment to October 2026, the correlation coefficient between this fund and the S&P 500 index was -0.14. Our strategy is highly differentiated as it relies on the prediction of policy changes and their realization."
For more information, please contact [ email protected ].
This material is for informational purposes only and does not constitute an offer to sell any investment instrument or an invitation to purchase any investment instrument. Any offers will be made solely to the QEP defined by CFTC Regulation, and shall be subject to the final issuance documents. It is important to read these documents carefully before making any investments. Past performance does not necessarily indicate future results. Futures and other derivative transactions involve significant risk of loss and are not suitable for all investors. Please visit www.annapurnafunds.com for more disclaimers. The Annapurna winner did not pay a fee to Hedgeweek, but a payment agreement was indeed signed for the authorization to use the winner's logo and for interviews with the manager.












