Articles by: Eugeniu Guzun

Month in Review: NHX January 2018

Month in Review: NHX January 2018

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index (NHX), gained 1.0% on average in the first month of 2018 (90% reported). Though all five NHX sub-categories returned gains for the month, a solid performance from CTAs drove the NHX index further. Nordic CTAs gained 3.7% on average in January, reflecting increased market trendiness across several sectors.[Read More…]

by 16/02/2018
Santa Lingers on for Nordic Equity Hedge Funds

Santa Lingers on for Nordic Equity Hedge Funds

Stockholm (HedgeNordic) – Nordic equity hedge funds started off 2018 on a positive note despite lagging international peers. The NHX Equities Index advanced 0.7% in the first month of the year (95% reported), reflecting a noteworthy performance spread across funds. Global equity-focused hedge funds, meanwhile, gained 3.4% in January as indicated by the HFRX Equity Hedge Index, the best monthly[Read More…]

by 14/02/2018
Hedge Funds Beat Traditional Investments

Hedge Funds Beat Traditional Investments

Stockholm (HedgeNordic) – Despite taking a serious lashing from critics in the past several years, new research shows hedge funds have generated higher risk-adjusted returns than equities and bonds over both the long and short term. Furthermore, approximately 32 percent of all hedge funds produced double-digit gains last year, compared with 23 percent in 2016, according to research by data[Read More…]

by 14/02/2018
Nordic CTAs Hungover After Stellar January

Nordic CTAs Hungover After Stellar January

Stockholm (HedgeNordic) – Nordic CTAs, as measured by the NHX CTA Index, enjoyed an exceptionally strong start to 2018, gaining 3.8% on average in January (86% reported) as market trendiness accelerated in various sectors. This was the largest monthly gain for the NHX CTA Index since January 2015. Much of these gains have apparently evaporated in early February, however, as[Read More…]

by 09/02/2018
Crypto Hedge Funds Give Up Gains

Crypto Hedge Funds Give Up Gains

Stockholm (HedgeNordic) – Hedge funds investing in cryptocurrencies and blockchain technologies lost 9.2% in the first month of 2018, but the gains earned by these vehicles in 2017 make the nearly double-digit loss seem ridiculously small. Cryptocurrency hedge funds, as measured by the HFR Cryptocurrency Index, gained a whopping 2,022% in 2017. In mid-December, hedge fund data provider HFR announced[Read More…]

by 09/02/2018
Last Meal for Hedge Funds?

Last Meal for Hedge Funds?

Stockholm (HedgeNordic) – Hedge funds gained 2.8% on average in January, notching up the strongest monthly return since September 2010 and enjoying the best first month for the industry since 2006. The strong performance comes on the back of a wild run for equity markets in January, which recorded their strongest January since 1997. According to hedge fund data provider[Read More…]

by 09/02/2018
Final Sprint Saves Nordic FoHF

Final Sprint Saves Nordic FoHF

Stockholm (HedgeNordic) – Despite incurring losses in the last two months of 2017, Nordic funds of hedge funds, as measured by the NHX Fund of Funds, ended the year in the black at 0.2% (100% reported). The performance of Nordic FoFs was mixed in 2017, with approximately two-thirds of the NHX sub-index managing to show positive returns for the year.[Read More…]

by 02/02/2018
Meet the Newest Additions to the NHX Family

Meet the Newest Additions to the NHX Family

Stockholm (HedgeNordic) – Eight hedge funds have been added to the Nordic Hedge Index (NHX) since the beginning of December, five of which joined the NHX family in January. The NHX fund universe now includes 157 funds. Most of these eight funds were born throughout 2017, predominately in the second half of the year. At the same time, several Nordic[Read More…]

by 02/02/2018
Short US Dollar Despite 3-Year Low

Short US Dollar Despite 3-Year Low

Stockholm (HedgeNordic) – Brummer & Partners-backed Nektar is shorting the U.S. dollar in anticipation of “strong momentum in the short run,” says Nektar’s Chief Investment Officer, Patrik Olsson to Bloomberg. The greenback hit a three-year low last week after the U.S. Treasury Secretary, Steven Mnuchin, suggested a weak dollar was good for U.S. trade. The lack of volatility in financial[Read More…]

by 01/02/2018
MIRA leads Nordic near clean-sweep at Eurohedge

MIRA leads Nordic near clean-sweep at Eurohedge

Stockholm (HedgeNordic) – Danish hedge fund Nykredit MIRA received the EuroHedge Award for Europe’s best fixed-income hedge fund of 2017, an award handed out at the 17th annual EuroHedge Awards event held in London earlier this week. The list of nominees for the fixed-income category was dominated by Nordic hedge funds, with five of the six contenders being members of[Read More…]

by 25/01/2018
Nordic Multi-Strategy Funds In Good Shape

Nordic Multi-Strategy Funds In Good Shape

Stockholm (HedgeNordic) – Nordic multi-strategy funds, the most diverse group of funds within the NHX family, were nearly flat in December at a negative 0.04% (100% reported). The NHX Multi-Strategy Index gained 4.3% last year, becoming runner-up in the race of the best-performing NHX category of 2017. The NHX Multi-Strategy Index contains a variety of strategies ranging from sector-specific strategies[Read More…]

by 25/01/2018
Brummer Multi-Strategy Gatekeeper Talks Performance

Brummer Multi-Strategy Gatekeeper Talks Performance

Stockholm (HedgeNordic) – Brummer Multi-Strategy, a fund of funds investing in the single-strategy hedge funds within the Brummer & Partners family, returned 6.4% net-of-fees in 2017, recording its second-best yearly performance since 2009. Six of the eight underlying funds delivered positive returns last year, with long/short strategies contributing the most to performance. Brummer Multi-Strategy clinched the title of the best-performing[Read More…]

by 24/01/2018
Steady Run for Nordic Fixed-Income Hedge Funds

Steady Run for Nordic Fixed-Income Hedge Funds

Stockholm (HedgeNordic) – Nordic fixed-income hedge funds, as measured by the NHX Fixed Income, returned 7.1% on average in 2017, after gaining 0.2% (96% reported) in the last month of the year. Fixed-income strategies delivered positive returns for the 22nd consecutive month in December, with the NHX Fixed Income Index becoming the best-performing NHX sub-category in 2017. Nordic fixed-income hedge[Read More…]

by 24/01/2018
Female-Run Hedge Funds Outperform in 2017

Female-Run Hedge Funds Outperform in 2017

Stockholm (HedgeNordic) – Female-run hedge funds returned 9.6% on average in 2017, marginally beating the 8.7% average return generated by entire hedge fund industry. Despite women-run hedge funds having lagged the industry in the last months of the year, historical figures show women are equally as good as men at investing, if not better. The HFRI Women Index, which tracks[Read More…]

by 19/01/2018
Nordic CTAs Disappoint One Last Time in 2017

Nordic CTAs Disappoint One Last Time in 2017

Stockholm (HedgeNordic) – Nordic CTAs ended 2017 on a negative note, as two-thirds of the NHX CTA Index members reported losses for December. As a result, Nordic CTAs recorded their second-worst annual performance since 2005, reflecting choppy trends across sectors and markets. The NHX CTA Index was down 0.7% in December and the full-year loss widened to 2.4%, concluding the[Read More…]

by 18/01/2018
Month in Review: NHX December 2017

Month in Review: NHX December 2017

Stockholm (HedgeNordic) – The Nordic Hedge Index (NHX), gained an estimated 0.2% in December (95% reported), bringing the yearly performance to 3.0%. Despite ending the year on a positive note, the Nordic hedge fund universe recorded the worst yearly performance since 2011. The NHX sub-categories displayed mixed performance in the last month of the year, with CTAs incurring another month[Read More…]

by 17/01/2018
December Hedge Fund Redemptions Lowest in a Decade

December Hedge Fund Redemptions Lowest in a Decade

Stockholm (HedgeNordic) – Investor requests to pull money out of the hedge fund industry in the last month of 2017 reached the lowest figure in a decade, pointing to improved confidence in the so-called smart money industry. According to SS&C GlobeOp’s Forward Redemption indicator, a widely-used metric that tracks the level of forward redemption notices received from hedge fund investors,[Read More…]

by 12/01/2018
Nordic Equity Hedge Funds End 2017 on Positive Note

Nordic Equity Hedge Funds End 2017 on Positive Note

Stockholm (HedgeNordic) – Nordic equity hedge funds ended last year on a positive note after returning 0.8% on average in December (93% reported), recording their worst yearly performance since 2011. The NHX Equities Index, which tracks the performance of Nordic equity-focused hedge funds, advanced 3.7% in 2017, whereas global equities hedge funds were up 13.2% for the year – their[Read More…]

by 12/01/2018
Hedge Fund Players Unlock New Achievement

Hedge Fund Players Unlock New Achievement

Stockholm (HedgeNordic) – Hedge funds generated positive returns in all twelve months of 2017, an achievement not observed for more than a decade. According to analytics firm eVestment, hedge funds generated positive returns for the 14th consecutive month in the concluding month of 2017, with the December return of 0.9% extending the full-year aggregate return to 8.8%. This compares favourably[Read More…]

by 12/01/2018
At Last Hedge Fund Launches Surpass Closures

At Last Hedge Fund Launches Surpass Closures

Stockholm (HedgeNordic) – The number of hedge fund launches surpassed liquidations on a quarterly basis for the first time in more than two years, as investors are regaining confidence in the sometimes heavily-criticised industry. Investor appetite for hedge funds has picked up due to improved investor risk tolerance and lower costs, pushing hedge fund industry capital to a record $3.16[Read More…]

by 03/01/2018