CHANNEL Island investment management firm Dawnay Day Milroy has won an international award.
The firm was voted best retail product provider at the Hedge Funds World Awards presented in Dubai.
The judges looked at the risk management process, predictability and stability of investment returns, growth of assets under management, and distribution methods.
Dawnay Day Milroy beat off international competitors Castlestone, Erste Bank and SGAM Alternative Investments. They were also finalists in the best fund of fund, best newcomer and best institutional hedge fund manager categories.
