Interview – Michael Idevall, ...
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Sector Sigma Nordic Fund Suffers Worst Performance Patch Since Inception
Stockholm (HedgeNordic) – Sector Sigma Nordic Fund, a long-short equity fund primarily investing in the Nordic region, is experiencing its worst performance patch since the
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
Women-Run Hedge Funds Outperform Male Counterparts
Stockholm (HedgeNordic) – The average return generated by female-run hedge funds during the first seven months of 2017 was more than twice as high as the return delivered by
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
Long-Short Equity Strategies Capitalize on Correlation Collapse
Stockholm (HedgeNordic) – Stock pickers in the hedge fund world enjoyed promising returns during the first eight months of the year, as correlations between both sectors and
Hedge Fund News
Sector Sigma Nordic Fund Suffers Worst Performance Patch Since Inception
Stockholm (HedgeNordic) – Sector Sigma Nordic Fund, a long-short equity fund primarily investing in the Nordic region, is experiencing its worst performance patch since the fund’s inception in mid-2012. The Norwegian fund suffered eight consecutive months of negative performance, with its year-to-date losses reaching 8.2%. Sector Sigma Nordic Fund’s team, which comprises three investment professionals with many years of investing[Read More…]
CTA & Managed Futures News
Mixed Performance for Estlander & Partners Strategies in August
Stockholm (HedgeNordic) – The family of Estlander & Partners (E&P) strategies posted mixed performance in August, with the firm’s Presto strategy topping the list of the best-performing Nordic commodity trading advisers (CTAs) in August. E&P currently manages approximately $381 million in assets under management through investment programs Estlander & Partners Freedom, Estlander & Partners Alpha Trend, and separate customized mandates.[Read More…]
Interviews
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…]
Nordic Hedge Award
Nordic Nominees at inaugural Emerging Fund Manager Awards
Stockholm (HedgeNordic). There seems to be no hedge fund award ceremony with at least a good portion of Nordic nominees to be considered. In the latest addition to awards for hedge funds, HFM Global/Hedge Fund Intelligence announced the initial nominations for the inaugural EuroHedge Emerging Fund Manager Awards, which will be announced and presented at an industry dinner in London[Read More…]
Latest Article
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…]
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…]
Mixed CTA May Performance Shows Few Points of Light
Stockholm (HedgeNordic) – The latest performance figures for the Societe Generale (SG) CTA indices are showing a flatish performance overall for CTAs in May, punching in at -0.18% for the month and -2.76% YTD, contributing to an already dismal 2017 in which the strategy has found it hard to hold head above water globally. The overall trend suggested by the[Read More…]
CTAs more than just a tail risk hedge – Bornemann
Stockholm (HedgeNordic) – In a recent interview with Citywire, Hans-Olov Bornemann (pictured), who is heading the quant team behind the SEB Asset Selection Fund, explained why CTAs are more than just a tail risk hedge and that the strategy has fared well also in upward sloping markets. “CTAs do perform very well in volatile markets, or more specifically in negative[Read More…]
Facebook most held position by hedge funds
Stockholm (HedgeNordic) – Facebook is the most widely held position among major global hedge funds according to the latest hedge fund ownership report from Novus, which tracks trends in international filings for over 5.000 hedge funds. According to Novus data, hedge funds had more than 5 percent of stock ownership in the social media giant translating into an underlying value[Read More…]
IPM Systematic Approach Pays Off Amid Trump Deflation
Stockholm (HedgeNordic) – Deflating hopes about U.S. President Donald Trump’s reflation effect have proved highly beneficial to Swedish investment manager Informed Portfolio Management (IPM), with its Systematic Macro Fund outperforming benchmarks such as the HFRX Macro Systematic Diversified CTA Index and the NHX Nordic Hedge Fund Index amid growing doubts about U.S. President Donald Trump’s ability to achieve key aspects[Read More…]
Nordic hedge funds build on momentum in April
Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.57% in April (93% reported), bringing the year-to-date performance to 2.18%. This was the 10th consecutive monthly gain for the index. The month was characterized by a positive sentiment overall for Nordic hedge funds with all NHX sub-categories but one showing positive returns.[Read More…]
Interview: Carl Rydin – Origo Capital
Stockholm (HedgeNordic) – Last week, the Swedish activist hedge fund manager Origo Capital announced the hire of Carl Rydin (pictured) as new portfolio manager. Carl, who joins from the US long/short equity hedge fund Lucerne Capital, will be added to the team of analysts behind the Origo Quest 1 fund. In an interview with HedgeNordic, Carl explains how he identifies[Read More…]
