Articles by: Glenn Leaper

Eligo assumes management of Aktiva Fonder Monitor

Eligo assumes management of Aktiva Fonder Monitor

Stockholm (HedgeNordic) – Aktiva Fonder Asset Management AB, the Asset Management Fund that operates its portfolio strategy within the Swedish “Premiepensionsmyndighetens” (Premium pension authority) platform, has announced that Eligo Asset Management AB, the privately owned risk-adjustment asset managers, will take over management of its Aktiva Fonder Monitor fund. In a press release, Aktiva board member Christer Hultblad (pictured) praised the[Read More…]

by 21/04/2016
Hedge Fund Assets fall in volatile Q1

Hedge Fund Assets fall in volatile Q1

Stockholm (HedgeNordic) – According to the most recent HFR Global Hedge Fund Industry Report, global Hedge Fund capital declined in Q12016, as volatile markets and early quarter performance culminated in falling investor risk tolerance and led to redemptions from underperforming strategies. Total global Hedge Fund capital declined to USD 2.86 trillion, including investor outflows of USD 15.1 billion. This marked[Read More…]

by 21/04/2016
Schroders joins forces with Hållbarhetsprofilen

Schroders joins forces with Hållbarhetsprofilen

Stockholm (HedgeNordic) – Schroders, the independent, global asset management firm with €425.4 billion in AUM, has opted to connect some of its most in-demand funds to Hållbarhetsprofilen (the “Sustainability Profile”) in order to facilitate smart and sustainable fund selections for investors. Schroders, which has operated in Scandinavia since 1989, has a long track record of working on sustainability issues, and has[Read More…]

by 13/04/2016
Hot and Dry March troubles Sector EuroPower

Hot and Dry March troubles Sector EuroPower

Stockholm (HedgeNordic) – Sector EuroPower, the Norwegian derivatives trading fund focused on the Nordic power market, ended March down 4.76% for the EUR-class pulling the YTD performance down to -7.4%. The Fund, whose objectives are to achieve attractive absolute returns with a standard deviation of 10-15% and low correlation to any financial markets or asset class, reported the split on[Read More…]

by 12/04/2016
Bounce for Carnegie WorldWide L/S in March

Bounce for Carnegie WorldWide L/S in March

Stockholm (HedgeNordic) – Copenhagen’s Carnegie Asset Management reported an increase of 1.2% for its Carnegie WorldWide Long/Short Fund in March, a welcome bounce following declines of -2.1% in February and -2.6% in January. Nordic Hedge Index Composite (NHX) is indicating unchanged performance figures for March. At month’s end the fund had EUR 74.7 million in AUM. The fund, whose objective is[Read More…]

by 07/04/2016
Intervalor in Partnership with RBC Global Asset Management

Intervalor in Partnership with RBC Global Asset Management

Stockholm (HedgeNordic) – The Swedish asset management service provider Intervalor AB, announced  a strategic partnership and exclusive marketing agreement with RBC Global Asset Management (RBC GAM). Intervalor’s objective is to distribute RBC GAM’s Emerging Market Equity, Global Equity, U.S. Equity and Global Resources Investment Solutions to Nordic and Baltic countries. Intervalor, established in 1992, will focus primarily on marketing RBC[Read More…]

by 07/04/2016
Estlander & Partners post losses in March as market sentiment turns

Estlander & Partners post losses in March as market sentiment turns

Vienna (HedgeNordic) – March saw Finland’s Estlander & Partners (E&P) reporting drops of -3.79% (+6.05 YTD) for its Alpha Trend CTA program and -3.49% (+2.55% YTD) for its Freedom strategy, the latter of which combines investment models employed in the Alpha Trend and Global Markets programs. The drops followed returns of +4.47% and +3.52% for Alpha Trend and Freedom respectively[Read More…]

by 07/04/2016
March brings some salvation for Borea

March brings some salvation for Borea

Stockholm (HedgeNordic) – Norway’s Borea Asset Management posted gains for its Borea Global Equities fund of +2.45% for March, 85 basis points above MSCI World Index (in NOK). Following a drop of -2.82% in February and a painful January, the first quarter of 2016 saw a decline of approximately 10% for Borea Global Equities – somewhat weaker than the overall[Read More…]

by 05/04/2016
Meager February – USD 4.4bn trickles into hedge funds

Meager February – USD 4.4bn trickles into hedge funds

Stockholm (HedgeNordic) – According to the February 2016 eVestment Hedge Fund Asset Flows report, new investments in hedge funds in February 2016 slowed to USD 4.4 billion, with performance losses of USD 24.5 billion coming out of global industry assets. The net loss dropped overall industry AUM to USD 2.94 trillion. Historically, February has been a month of elevated flows into[Read More…]

by 30/03/2016
February brought more bitter pills for Rhenman Healthcare

February brought more bitter pills for Rhenman Healthcare

Vienna (HedgeNordic) – Rhenman Healthcare Equity L/S Fund, the global long-biased equity fund with an exclusive focus on health care, reported that the Fund’s main share class, IC1 (EUR) was down by 5.4% in February after a volatile month for global stock markets.  The global equity index was down down by 1%, while healthcare was  down by 1.5% and biotechnology[Read More…]

by 16/03/2016
Sector Zen takes a hit in February

Sector Zen takes a hit in February

Vienna (HedgeNordic) – Sector Zen, the Norwegian managed, Japan focused long/short equity fund, fell 8.5% in February on the back of negative contributions of -10.0% of its long book due to significant negative contributions of Japanese real estate and housing related stocks, and a meager +1.5% contribution of its short book. The TOPIX Core 30, representing some of the largest[Read More…]

by 15/03/2016