- Advertisement -
- Advertisement -

Visio Funds Enjoy April Bounce

- Advertisement -

Stockholm (HedgeNordic) Finland’s Visio Asset Management reported increases in net asset value of 1.15% for its Allocator Fund, and of 0.50% for its Emerging Markets Multi Strategy B Fund for April. These were by comparison to the 1.3% increase in the Euro Stoxx 50 total return index and an appreciation of 0.32% in the Nordic Hedge Index Composite (NHX).

 Allocator is Visio’s multi-strategy fund focusing on Nordic equity markets. The Fund’s best performing hodings in April were in fundamental equity positions, equity index strategies and corporate bonds. Its worst performing positions were in index hedges and emerging market investments. Allocator reduced its exposure in April to the banking sector by closing positions in Nordea, Swedbank, Allianz and KBC. It bought shares in Bayer and Telia.

Emerging Markets Multi Strategy B is Visio’s multi-strategy fund focusing on emerging markets and Western companies with emerging market exposure. The Fund’s best performing positions in April were in banks, index hedges and funds investing in Asia. Its worst performing positions were in capital goods companies, funds investing in frontier markets and telecoms. In wanting to reduce emerging markets exposure, EM Multi Strategy B redeemed units in a fund investing in frontier markets. It cut its exposure within Western equities to the banking sector by closing positions in Nordea, Allianz, ING and KBC, but also bought shares in Bayer and Telia.

EM Multi Strategy B’s largest sector exposures are in Health Care, at 11%, and Industrials, at 8%, with its largest regional exposures being in the Nordics and in frontier markets. It also recently added to its U.S. equity index hedges.

Visio Asset Management holds that valuations of high-quality European companies are attractive to long term investors in the current uncertain market environment, and will continue holding such shares and continue hedging activities to continue outperforming throughout the year.

Visio Allocator was distinguished, ranking a strong second place only to Nektar at the Nordic Hedge Award on April 27th in Stockholm as “Best Nordic Multi Strategy Hedge Fund 2015

 

Picture: (c) IKO—Fotolia.com 

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

First Non-Swedish Family Office Investment for Protean Small Cap

Stockholm (HedgeNordic) – About one year after the successful launch of their long/short equity fund Protean Select, Pontus Dackmo and Carl Gustafsson introduced a...

Atlant Högräntefond Leads Peers on Third Anniversary

Stockholm (HedgeNordic) – Around mid-March 2021, Swedish hedge fund boutique Atlant Fonder launched a UCITS-structured fixed-income fund investing in Nordic corporate bonds, drawing from...

Rhenman Welcomes Brummer & Partners Sales Veteran

Stockholm (HedgeNordic) – After close to 18 years as an institutional sales professional at Brummer & Partners, Tom Josephson is set to join healthcare-focused...

Untapped Potential in Symmetry’s Small-Cap Portfolio

Stockholm (HedgeNordic) – Small-cap-focused hedge fund Symmetry Invest has achieved an annualized return of around 20 percent over the past five years and over...

Navigating Asia-Pacific’s Transition to Sustainable Growth

Stockholm (HedgeNordic) – Emerging markets in the Asia-Pacific region, such as China, India, Indonesia, the Philippines, Thailand and Vietnam, have experienced significant economic expansion...

The Performance of US Equities in Election Years Over the Last Century

By Daniel Ung, Kartik Chawla, and Jędrzej Miklaszewski – SPDR: The 2024 US presidential election is on the horizon, and investors are keen to...

Allocator Interviews

Latest Articles

In-Depth: Emerging Markets

Voices

Request for Proposal

- Advertisement -