Articles by: Jonathan Furelid

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
Interview: Sean George – Granit Global Credit Opportunity Fund

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
Precious times for Pacific Fonder

Precious times for Pacific Fonder

Stockholm (HedgeNordic) – The Swedish fund management company Pacific Fonder, which is partly owned by hedge fund shop Atlant Fonder, has had a rock solid start for their hedge fund offering during the first two months of 2017. According to data from Avanza, the so-called Pacific Precious, which is a hedge fund that buys and sells securities linked to the[Read More…]

by 23/02/2017
Visio Allocator Fund builds on gains in January

Visio Allocator Fund builds on gains in January

Stockholm (HedgeNordic) – Finnish hedge fund Visio Allocator, managed by Visio Asset Management, had a solid start to 2017 gaining 2.82%. This means that the fund has had a stretch of four positive months managing to build on a very strong end to last year where the fund gained 5% in December alone. In a comment to the January number,[Read More…]

by 23/02/2017
CTAs recovering in February – gain on year following uninspiring 2016

CTAs recovering in February – gain on year following uninspiring 2016

Stockholm (HedgeNordic) – Systematic futures trading strategies, widely referred to as CTAs, have rebounded strongly in February following a period of lacklustre performance, early estimates suggest. The SG CTA index, which is the primary industry benchmark composed by Societe Generale Prime Services, had made gains of 2,48% as of February 20, more than compensating for a 1.13% loss from the[Read More…]

by 22/02/2017
Nordic hedge funds little changed in January, CTAs lagging

Nordic hedge funds little changed in January, CTAs lagging

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, were little changed in January gaining 0.1%. In terms of strategy attribution, profits in fixed income (+1.3%) and equity strategies (+0.5%) were offset by losses in CTA/Managed Futures strategies (-2.2%). Elsewhere, multi-strategy and fund of funds showed small changes. CTAs, being the big laggard, suffered from[Read More…]

by 22/02/2017
Strong demand for liquid alts despite disappointing performance – Jupiter AM

Strong demand for liquid alts despite disappointing performance – Jupiter AM

Stockholm (HedgeNordic) – Despite a weak showing for liquid alternative funds in recent years, there is still strong demand for the asset class, this according to Magnus Spence Head of Investments – Alternatives (pictured) at UK-based asset manager Jupiter Asset Management. In an interview with HedgeNordic during a visit in Stockholm last week, Spence says that the average liquid alternative[Read More…]

by 20/02/2017
PriorNilsson awarded best hedge fund in 2016 – again

PriorNilsson awarded best hedge fund in 2016 – again

Stockholm (HedgeNordic) – PriorNilsson took another grand slam when the Swedish business magazine Privata Affärer announced the awards for “Fund of the Year 2016” on Thursday. PriorNilsson was awarded the prestigious “Fund Management Company of the Year” award and also won the categories “Swedish-Focused Fund of the Year” and ” Hedge Fund of the Year”. With regards to the award[Read More…]

by 02/02/2017
HedgeNordic CTA Roundtable 2016

HedgeNordic CTA Roundtable 2016

Stockholm (HedgeNordic) – For CTAs and quant macro strategies, 2016 was another challenging year. Generally, the strategy group benefited from external market shocks such as worries over China in the beginning of the year and from the fallout of the UK referendum translating into a “Brexit” vote in June. However, rising bond yields in the second half of the year weighed on[Read More…]

by 31/01/2017
Origo reinforces bullish stance on Qliro following strong numbers and revised strategy

Origo reinforces bullish stance on Qliro following strong numbers and revised strategy

Stockholm (HedgeNordic) – The Swedish E-commerce company Qliro, on Wednesday released its Q4 report for 2016 which showed significantly improved numbers. The company also presented a revised strategic focus and reinstated its financial goals. The share of the company rose sharply on the news. In a comment to HedgeNordic, Staffan Östlin (pictured left), portfolio manager of Swedish long/short equity hedge[Read More…]

by 26/01/2017
Trump victory to support long/short equity and event driven – K2 Advisors

Trump victory to support long/short equity and event driven – K2 Advisors

Stockholm (HedgeNordic) – K2 Advisors, the hedge fund advisory arm of Franklin Templeton Investments, see the victory of Donald Trump in the US presidential election to have an impact on which hedge fund strategies to focus on going into 2017. In their recently published Q1 Hedge Fund Strategy Outlook, K2 founder David Saunders (pictured) and his team make the case[Read More…]

by 26/01/2017
Nordic hedge funds end year on a positive note

Nordic hedge funds end year on a positive note

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 1.1% in December, bringing year-to-date performance to +3.5%. In terms of strategy attribution, gains were made across all sub-strategies with CTA and Equity strategies leading the way posting gains of 1.8 and 1.4 percent respectively. For the year, Fixed Income strategies outpace other strategy[Read More…]

by 26/01/2017
Madrague and Sector Nordic winners at Eurohedge Awards

Madrague and Sector Nordic winners at Eurohedge Awards

Stockholm (HedgeNordic) – From an early nomination list of 16 Nordic names, two funds were announced as winners at this year´s Eurohedge Awards; Madrague Equity Long/Short and Sector Healthcare. Stockholm-based Madrague’s long/short equity fund was awarded best European Equity Fund among funds managing AuM up to 500 million USD for its performance in 2016. According to HedgeNordic data, the fund gained[Read More…]

by 26/01/2017