- Advertisement -

Related

Rhenman, Formuepleje and Accendo early movers in February

- Advertisement -

Stockholm (HedgeNordic) – Early indications show that Nordic hedge fund managers, as measured by the Nordic Hedge Index – NHX, had a very strong month in February. With approximately 50 percent of the universe having reported their monthly figures, indicative net gains stand at +1.68% which would translate into the best monthly number since January 2015.

On a sub strategy level, Multi-Strategy and CTA funds were seemingly the best performers on the month with gains of 2.3% and 2% respectively. Equity hedge strategies have also added to gains from the previous month returning 1.7% in February.

On the year, the NHX Composite index, which includes 156 Nordic hedge fund names, is now up 1.8%.

Among individual funds, Rhenman Healthcare Equity L/S, Formuepleje (Penta and Epikur) and Accendo have so far been the best performers on the month. In the case of Rhenman, the fund has already gained 17% year-to-date on the back of Trump-related gains for healthcare stocks in the US.

Picture: (c) MR.LIGHTMAN1975 – shutterstock.com

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

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

AIX Dynamic: Long-Term Megatrends, Dynamic Exposure

Sweden’s AP7 Equity Fund, the default option for pension savers who do not make an active fund choice, has proven to be a rewarding...

Nordic CTAs Ride Bond Selloff to Another Strong Month

After a strong August, the NHX CTA Index enjoyed another successful month in September, driven primarily by gains in fixed income amid an intensifying global...

Historic Small-Cap Discount Offers Long-Term Opportunity, Not a Timing Signal

Small caps are trading at a historically wide valuation discount to large caps, creating a potentially attractive long-term opportunity even as the valuation gap...

Europe’s Sovereignty Push Could Benefit Small & Mid-Caps

European small and mid-cap equities are entering a potentially more constructive phase as Europe’s push for economic and strategic sovereignty coincides with improving domestic...

Taiga’s Long/Short Playbook for Nordic Small Caps

A first-time investor looking at the roughly 6 percent cumulative return from Nordic equities over the past two years could be forgiven for looking...

AI Has Changed the Small-Cap Equation

The AI-driven rally in mega-cap stocks has widened the performance gap between large and small caps, leaving smaller companies trailing across global equity markets....

Allocator Interviews

- Advertisement -

Voices

Request for Proposal

- Advertisement -