Articles by: Jonathan Furelid

Nordic hedge funds build on momentum in April

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…]

by 23/05/2017
Interview: Carl Rydin – Origo Capital

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…]

by 15/05/2017
United Bankers ups weight in Swedish property

United Bankers ups weight in Swedish property

Stockholm (HedgeNordic) – United Bankers, the Finnish asset manager  focusing on REITs funds, have through its UB Real REIT Fund increased  the weight to Swedish property shares. The Swedish market is now the  second biggest in the fund, according to the fund´s monthly commentary. The UB Real REIT Fund, which invests in listed property shares and REIT’s, has built positions[Read More…]

by 12/05/2017
Origo strengthens team with additional analyst

Origo strengthens team with additional analyst

Stockholm (HedgeNordic) – Origo Capital, the Stockholm-based activist long/short equity manager that manages the Origo Quest 1 hedge fund, announces the addition of Carl Rydin (pictured) as a new key member of the staff. Rydin will join the investment team, which currently consists of Stefan Roos and Staffan Östlin, as Investment Analyst, according to a press release. Rydin has international experience from both[Read More…]

by 10/05/2017
IPM and Aktie-Ansvar end Kvanthedge cooperation

IPM and Aktie-Ansvar end Kvanthedge cooperation

Stockholm (HedgeNordic) – IPM and Aktie-Ansvar have mutually agreed to end their cooperation regarding the management of the Graal Kvanthedge Fund, where IPM has acted as the investment manager since the fund launched in October 2010. According to a press release from IPM, their focus will instead be to distribute its IPM Systematic Macro UCITS Fund on the Swedish market. The UCITS[Read More…]

by 05/05/2017
Announcing the winners: Best Nordic CTA 2016

Announcing the winners: Best Nordic CTA 2016

Stockholm (HedgeNordic) – In what was a challenging year for the CTA industry overall, there were some funds clearly standing out from the crowd, significantly outperforming industry benchmarks. In the Nordic hedge fund space, both funds from IPM; Systematic Macro and Systematic Currency, had a stellar year with gains of 7.4% and 9.5% respectively which compares favourably to the NHX CTA[Read More…]

by 02/05/2017
Announcing the winners: Rookie of the Year   

Announcing the winners: Rookie of the Year   

Stockholm (HedgeNordic) – Rookie of the year is one of HedgeAwards two special categories, recognizing a newcomer on the Nordic hedge fund scene. The category was introduced ahead of the 2015 event, with the first winner being the long short equity fund Elementa from Elementa Management. This year, the award went to the team behind the direct lending fund, Scandinavian[Read More…]

by 02/05/2017
Ress Life Investments posts record month

Ress Life Investments posts record month

Stockholm (HedgeNordic) – The net asset value for Ress Life Investments A/S increased by 5.12% during March, the best single month for the fund since inception in 2011. The fund was also among the top performing Nordic hedge funds during the month. The main contributing factor to the strong portfolio performance was several insurance policies maturing. “Maturities occur as expected,[Read More…]

by 25/04/2017
Nordic hedge funds march on in March

Nordic hedge funds march on in March

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.37% in March (79% reported), bringing the year-to-date performance to 1.53%. The month was characterized by a positive sentiment overall for Nordic hedge funds with all NHX sub-categories but one showing positive returns. Multi-strategy and fixed income strategies performed particularly well with gains of[Read More…]

by 24/04/2017
CTA returns remain muted in first quarter, Nordic managers lag

CTA returns remain muted in first quarter, Nordic managers lag

Stockholm (HedgeNordic) – The Nordic CTA industry had another lacklustre quarter in Q1 2017, lagging the SG CTA and Trend indices but outperforming an even weaker showing for the Barclay BTOP50. When the dust settled by the end of March, the NHX CTA index had lost an estimated 1,4 percent during the quarter, to be compared to a net gain[Read More…]

by 13/04/2017
Nordic hedge funds nominated for performance awards

Nordic hedge funds nominated for performance awards

Stockholm (HedgeNordic) – A number of high profiled Nordic hedge funds have been short listed for this year´s European Hedge Fund Performance Awards, hosted by HFMWeek. A summary of the Nordic contestants is to be found below. The winners will be announced in London on April 27.   Credit long term performance 5 years: Capital Four Credit Opportunities Fund Event[Read More…]

by 29/03/2017
Henrik Rhenman

Rhenman praises advisory board

Stockholm (HedgeNordic) – In an interview with Bloomberg, Henrik Rhenman (pictured) who manages the 460 million-euro Rhenman Healthcare Equity L/S Fund, praises his Scientific Advisory Board and highlights the importance of asking clinical expertise before investing in complex products. “We make money, sooner or later, on most of the recommendations from the Scientific Advisory Board,” Rhenman said in a phone interview. “The[Read More…]

by 29/03/2017
Hedge fund flows reverse negative trend in February

Hedge fund flows reverse negative trend in February

Stockholm (HedgeNordic) – Investors have bought into hedge funds in February. According to data from eVestment, net inflows to hedge funds amounted to USD 7,9 billion  during the month, translating into the highest level for industry assets seen since July 2015. The inflow to the industry in February reverse the negative trend for hedge fund asset flows as of late. Going into[Read More…]

by 28/03/2017
Hedge funds becoming more flexible on fees

Hedge funds becoming more flexible on fees

Stockholm (HedgeNordic) – According to a recent study by industry data provider Preqin, hedge fund managers view investor demand over fees as a key driver of change this year. Preqin, which surveyed 276 hedge fund managers late last year for the poll, found that hedge fund managers are responding to high-profile redemptions and allocation changes with changes to fee structures.[Read More…]

by 23/03/2017
Broad gains for Nordic hedge funds in February

Broad gains for Nordic hedge funds in February

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 1.18% in February (74% reported). The month was characterized by broad gains with all sub-categories showing positive returns for the month. Multi-strategy and equity strategies performed particularly well with gains of 1,39% and 1.29% respectively. For the year, CTAs remain the worst performing[Read More…]

by 16/03/2017
Rhenman, Formuepleje and Accendo early movers in February

Rhenman, Formuepleje and Accendo early movers in February

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[Read More…]

by 10/03/2017
Hedge funds gain in February fuelled by CTAs and Event Driven

Hedge funds gain in February fuelled by CTAs and Event Driven

Stockholm (HedgeNordic) – Hedge funds had a positive month in February. According to French asset manager Lyxor, the industry (as measured by the Lyxor Hedge Fund Index) gained 1 percent on the month with 8 out of 10 sub-indices showing positive contributions. CTA strategies was the single strongest outperformer thanks to substantial long positions in equity markets. These positions were largely[Read More…]

by 10/03/2017
Thyra´s Heydorn brings insights from the Mobile World Congress – sees problems ahead for Ericsson

Thyra´s Heydorn brings insights from the Mobile World Congress – sees problems ahead for Ericsson

Stockholm (HedgeNordic) – Inge Heydorn (pictured), telecom specialist and portfolio manager of the Swedish market neutral tech-focused hedge fund Thyra Hedge, returns from the Mobile World Congress in Barcelona with some interesting reflections. Those were shared with news channel EFN TV on Thursday. According to Heydorn, the trends currently seen within the telecommunications industry relate to 5G, artificial intelligence, virtual[Read More…]

by 03/03/2017
Playing sustainability from the long and the short side

Playing sustainability from the long and the short side

 Stockholm (NordSIP) – In May of 2016, Swedish hedge fund shop Atlant Fonder launched a new hedge fund investing only in equities and corporate bonds with a sustainable profile. Through shorting the Eurostoxx50 and using short delta option strategies against these holdings, the fund aims to be market neutral. In essence, this translates into a fund that goes long of sustainable[Read More…]

by 02/03/2017
Sean George, CIO

Interview: Sean George – Granit Global Credit Opportunity Fund

Stockholm (HedgeNordic) – The Swedish fund management company Granit Fonder will shortly launch a hedge fund focused on the global credit markets. The fund will go under the name Granit Global Credit Opportunity and will be managed by Sean George (pictured). In an interview with financial news agency Finwire, Sean explains what to expect from the new fund, how he[Read More…]

by 28/02/2017