An Elephant in the Infrastructure R...
Stockholm (HedgeNordic) – During a recent...
Recent Posts
European Short Observer: September 2017
This report displays insights from the European Short Disclosure Regulation (ESMA). Using daily lings, Novus track over 50 billion Euros in short investments across more than
Atlant Fonder’s Funds-of-Funds to Merge
Stockholm (HedgeNordic) – Swedish asset manager Atlant Fonder AB decided to merge its existing fund-of-funds in an attempt to streamline its fund range, enhance management
New Report on Sustainability in Alternative Assets
Stockholm (NordSIP) – Sustainability in Asset Management: The Knowledge Foundation’s Assessment of Alternative Assets, a new report written by NUWA Director Dr Emma
$3 Trillion Hedge Fund Industry a Mirage
Stockholm (HedgeNordic) – Various financial media outlets and data providers, including HedgeNordic, have recently talked about the hedge fund industry capital hitting a new
Investors Turn Away Despite Higher Satisfaction
Stockholm (HedgeNordic) – Almost half of hedge fund investors report being satisfied with the performance of their hedge fund portfolios, compared to a satisfaction rate of
Hedge Fund News
Atlant Fonder’s Funds-of-Funds to Merge
Stockholm (HedgeNordic) – Swedish asset manager Atlant Fonder AB decided to merge its existing fund-of-funds in an attempt to streamline its fund range, enhance management efficiency, and reduce administrative costs. Atlant Multi-Strategy Internal, a market-neutral fund-of-funds investing in Atlant Fonder’s own hedge funds, and Atlant Multi-Strategy External, a similar vehicle investing in external hedge funds, will merge to form a[Read More…]
CTA & Managed Futures News
CTAs getting crushed in September
Stockholm (HedgeNordic) – Systematic trend following hedge funds or CTAs, as measured by the Barclay BTOP50 index, took another hit in September early estimates show. The index, which tracks some of the largest CTA managers in the world, had lost 2 percent by month-end according to early estimates, bringing losses to 4.2 percent for the year. Also among Nordic CTA[Read More…]
Interviews
An Elephant in the Infrastructure Room
Stockholm (HedgeNordic) – During a recent trip to the Nordics, Allianz Global Investors’ Portfolio Manager, Adrian Jones spoke to HedgeNordic about the attractiveness of Infrastructure Credit, and explained how a large investor can attract more interesting deals. Hedging liabilities with long-term assets has become a struggle for any institutional investor. Especially the very long-dated hedging is no longer suitable. This[Read More…]
Nordic Hedge Award
Merrant Named Best Global Arbitrage Fund
Stockholm (HedgeNordic) – The 2017 winners of the InvestHedge Awards, which honour the top risk-adjusted returns in the multi-manager industry, were announced last Thursday (September 28) in New York. Merrant Alpha Select was the only Nordic name distinguished among the winning funds, winning the “Best Global Arbitrage Fund, 5 Years” category. “It is very gratifying that Merrant’s market neutral strategy has[Read More…]
Latest Article
European Short Observer: September 2017
This report displays insights from the European Short Disclosure Regulation (ESMA). Using daily lings, Novus track over 50 billion Euros in short investments across more than 250 managers. Novus will explore last month’s sector exposure changes and best short picks. We’ve also ranked the most shorted securities, the most covered securi- ties, and the top new shorts. The biggest increase during September[Read More…]
New Report on Sustainability in Alternative Assets
Stockholm (NordSIP) – Sustainability in Asset Management: The Knowledge Foundation’s Assessment of Alternative Assets, a new report written by NUWA Director Dr Emma Sjöstrom, also of the Misum, Mistra Center for Sustainable Markets at the Stockholm School of Economics and Ulrika Hasselgren, Global Head of Responsible Investment Strategy & ESG Integration with ISS Institutional Shareholder Services, was launched this week[Read More…]
CTAs getting crushed in September
Stockholm (HedgeNordic) – Systematic trend following hedge funds or CTAs, as measured by the Barclay BTOP50 index, took another hit in September early estimates show. The index, which tracks some of the largest CTA managers in the world, had lost 2 percent by month-end according to early estimates, bringing losses to 4.2 percent for the year. Also among Nordic CTA[Read More…]
An Elephant in the Infrastructure Room
Stockholm (HedgeNordic) – During a recent trip to the Nordics, Allianz Global Investors’ Portfolio Manager, Adrian Jones spoke to HedgeNordic about the attractiveness of Infrastructure Credit, and explained how a large investor can attract more interesting deals. Hedging liabilities with long-term assets has become a struggle for any institutional investor. Especially the very long-dated hedging is no longer suitable. This[Read More…]
Interview – Michael Idevall, Arcturus
Stockholm (HedgeNordic) – After having spent 12 years successfully managing the specialist global equity fund Camelot at Lancelot, a long-only fund that could alter its long equity exposure by changing its cash proportion, Michael Idevall (pictured) decided to leave to set up his own hedge fund, using a more flexible mandate. In March 2016, he launched the fund Arcturus together[Read More…]
Riding Bubbles with Smart Beta
Stockholm (HedgeNordic) – During his recent visit to Stockholm, we spoke to Yves Choueifaty, founder and President of the French smart-beta manager TOBAM about a recent research the firm produced on the worrying concentrations in the current credit market. TOBAM may sound to some people like an acronym resulting from a merger of a spin off, but far from it.[Read More…]
Interview: Luke Ellis – CEO, Man Group
Stockholm (HedgeNordic) – Luke Ellis is the CEO of the world’s largest publicly traded hedge fund manager, Man Group Plc. While in Stockholm earlier this year, HedgeNordic met up with Ellis to hear what he had to say about the current environment for hedge funds, what strategies that he sees as most likely to perform well in the current market[Read More…]
OE Capital bring on Nicklas Fornander
Stockholm (HedgeNordic) – The Swedish advisory and capital introduction company Oscarsson & Engman Capital AB (OE Capital). OE Capital is expanding its advisory and capital introduction business with the appointment of Nicklas Fornander as Head of Sales. Nicklas Fornander will also become partner & board member in OE Capital when regulatory approval is granted. Fornander previously worked as head of institutional sales at[Read More…]
Nordic hedge funds gain in August, CTAs continue rebound
Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.17% in August (83% reported), bringing the year-to-date performance to 1.68%. The month showed overall solid performance numbers, with CTAs continuing its rebound from July to finish August 0.98% higher. The strategy was the best performer on the month but is still lagging[Read More…]
BMS Managers comment on performance
Stockholm (HedgeNordic) – In a video interview, Patrik Brummer and newly appointed managing director and portfolio manager Mikael Spångberg, responsible for Brummer Multistrategy talk about the performance of the fund so far in 2017. For Patrik Brummer, the performance is definitely better than in the past few years, and the quality of the performance is high. He is particularly satisfied by[Read More…]
Lynx “down but not out”
Stockholm (HedgeNordic) – In a recent article in Swedish business magazine Dagens Industri (DI), Svante Bergström (pictured), founder and CEO of Swedish systematic trend following hedge fund Lynx, was asked whether there is a risk that the fund will be closed by Brummer & Partners. The reasoning being that Brummer is keen on closing non-performing funds, highlighted by the closure[Read More…]
Long equity exposure no reason to doubt CTA crisis protection – RPM
Stockholm (HedgeNordic) – In its most recent research piece, Swedish CTA-specialist RPM argue that the current long equity exposure of systematic trend following strategies is by no means a reason to doubt the efficiency of these strategies to capture so-called crisis alpha. “When an equity crisis sets in, CTAs are typically long equities and, thus, will suffer losses from this[Read More…]
Nordic CTAs recover in July, trend followers in bad international company on year
Stockholm (HedgeNordic) – Nordic CTAs, as measured by the Nordic Hedge CTA Index (NHX CTA), gained 2.37 percent in July and thereby recovered from recent losses. Year-to-date, the index is still in firm negative territory with losses mounting to 3.64%. In July, the best performing manager was the Alfa Axiom Fund from Alfakraft, with gains of 8,3 percent, closely followed[Read More…]
Interview: Caba Capital in fixed income hedge fund launch
Caba Capital is the latest addition to the successful group of fixed income hedge fund managers that have been coming out of Denmark in recent years. Following a capital raising period which, according to the fund manager has brought in DKK 200 million in initial investments (well above the DKK 100 million that was set as target), the team started[Read More…]
Nordic CTAs add to losses in second quarter as industry suffers
Stockholm (HedgeNordic) – Nordic CTAs continued to struggle during the second quarter 2017 as the NHX CTA Index lost another 4.1% during the period, bringing the year-to-date loss to -5.8%. This was largely in line with global industry benchmark as the SG CTA Index and the Barclay BTOP50 Index posted losses of 3.5% and 3.1% respectively. The managed futures industry[Read More…]
Nordic hedge funds negative in June, CTAs continued to weigh
Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, lost an estimated 0.5% in June (90% reported), bringing the year-to-date performance to 1.5%. The month showed mixed performance across sub-strategies with CTAs again underperforming posting a loss of 3.1% (-5.9% YTD) while fixed income strategies continued to shine gaining an addtional 0.6% and thereby enhancing[Read More…]
Lynx extends worst drawdown since inception following June setback
Stockholm (HedgeNordic) – Swedish CTA giant Lynx, headed by CEO and founding partner Svante Bergström (pictured), posted one of its worst monthly losses since inception in June (only 5 months have been worse according to HedgeNordic data) as the high profiled trend follower gave back 6.9%, bringing year-to-date performance to -13.2% for its flagship fund. This means that the fund is[Read More…]
Directional volatility key to turnaround for CTAs, RPM argue
Stockholm (HedgeNordic) – In Wednesday´s edition of EFN TV’s “Börslunch Special”, a local Swedish television show covering financial markets, RPM’s executive Vice President Per Ivarsson (pictured) talked about the recent weak performance of CTAs and what would be required for it to turn around. Walking through the most recent development for the CTA industry, Ivarsson pointed to the fact that[Read More…]
The Mystery of Historically Low Volatility
Stockholm (HedgeNordic) – One of the biggest mysteries in the world of financial markets in the still young Trump era has been the historically low level of volatility despite all the turmoil and geopolitical uncertainties prevailing across the globe. The current state of the world demands a significantly higher volatility according to the president of the Federal Reserve Bank of[Read More…]
Nordic hedge funds flat in May, Accendo and Brummer among winners
Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, lost an estimated 0.06% in May (85% reported), bringing the year-to-date performance to 2.1%. The month was characterized by a disparity of returns between the strategy groups underlying the NHX Index. While CTAs in particular continued to weigh on performance, losing another 0.96% to bring year-to-date[Read More…]
