G10-Rosseau Special Situations Fund Ranked #1 Event Driven Hedge Fund in the World Over the Past 5 Years

TORONTO, April 5 /PRNewswire/ - G10-Rosseau Special Situations Fund was ranked the #1 Event Driven Hedge Fund globally by BarclayHedge for the 5-year period ending December 31, 2010 with an average annual compound rate of return of 33.95%. G10 Global Asset Management partnered with fund manager Rosseau Asset Management of Toronto, Canada to launch the fund on January 1, 2006.

Warren Irwin, portfolio manager, is pleased to be recognized by an industry leader like BarclayHedge for the fund's achievements. "G10 and Rosseau are very proud that we were recognized by BarclayHedge for the first five years of the G10-Rosseau Special Situations Fund's life. The fund was launched five years ago by G10 as a way to bring Rosseau Asset Management's investment expertise to the offshore marketplace, and it has been quite successful."

About G10 Global Asset Management Ltd.:

G10 Global Asset Management Ltd. is a Cayman-based investment firm that searches the world to partner with leading alternative managers across a broad range of strategies.  It is G10's goal to offer investment funds that provide exceptional long-term returns to investors that are willing to accept above average levels of volatility over the short-term.

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.

SOURCE Rosseau Asset Management Ltd.