Hedge Fund News

Atlant Fonder’s Funds-of-Funds to Merge

Atlant Fonder’s Funds-of-Funds to Merge

Stockholm (HedgeNordic) – Swedish asset manager Atlant Fonder AB decided to merge its existing fund-of-funds in an attempt to streamline its fund range, enhance management efficiency, and reduce administrative costs. Atlant Multi-Strategy Internal, a market-neutral fund-of-funds investing in Atlant Fonder’s own hedge funds, and Atlant Multi-Strategy External, a similar vehicle investing in external hedge funds, will merge to form a[Read More…]

by 20/10/2017
$3 Trillion Hedge Fund Industry a Mirage

$3 Trillion Hedge Fund Industry a Mirage

Stockholm (HedgeNordic) – Various financial media outlets and data providers, including HedgeNordic, have recently talked about the hedge fund industry capital hitting a new record due to strong investor inflows in the second quarter of the year. While the industry’s assets under management are often estimated to be in excess of $3 trillion, executives at London-based hedge fund Winton Group[Read More…]

by 19/10/2017
Investors Turn Away Despite Higher Satisfaction

Investors Turn Away Despite Higher Satisfaction

Stockholm (HedgeNordic) – Almost half of hedge fund investors report being satisfied with the performance of their hedge fund portfolios, compared to a satisfaction rate of 21% in June 2016. Despite this encouraging sign, a very similar proportion plan to reduce their hedge fund exposure over the next 12 months. These results are drawn from the June 2017 survey conducted[Read More…]

by 17/10/2017
Women represent 19 per cent of alternative assets employees

Women represent 19 per cent of alternative assets employees

Preqin’s latest overview of women in alternative assets finds that just under one in five employees at fund management firms is female. This rate varies widely by role, and consistently declines according to seniority. The highest proportion of women is seen among junior employees, where they constitute 29 per cent of the workforce. However, in each asset class the representation[Read More…]

by 13/10/2017
Month in Review: NHX September 2017

Month in Review: NHX September 2017

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index – NHX, gained an estimated 0.7% in September (88% reported), extending their year-to-date aggregate gains to 2.3%. The five NHX sub-categories displayed mixed performance, with CTAs suffering another period of underwhelming performance due to quick reversals in several months-long trends (falling bond yields, weakening U.S. dollar and rising metal[Read More…]

by 13/10/2017
Interview: Anders Lekholm, Zmart Alfa

Interview: Anders Lekholm, Zmart Alfa

Stockholm (HedgeNordic) – During the summer, the Nordic Hedge Index (NHX) family was joined by Zmart Alfa, an equity-focused absolute return fund managed by Swedish asset manager Zmartic Fonder AB. Like all funds that purport to have an absolute return mandate, Zmart Alfa strives to generate positive returns regardless of market conditions. Zmart Alfa was launched under the umbrella of[Read More…]

by 13/10/2017
Nordic Equity Hedge Funds Back to School in Style

Nordic Equity Hedge Funds Back to School in Style

Stockholm (HedgeNordic) – Nordic equity-focused hedge funds, as expressed by the NHX Equities, gained an estimated 1.9% in September (91% reported), their best month in more than a year. The September gains came after four consecutive months of negative performance. Global equity markets gained 2.7% in € in September, with Eurozone equities rising 4.4% in € and North American equities[Read More…]

by 12/10/2017
Capital Four Shortlisted for European Performance Awards

Capital Four Shortlisted for European Performance Awards

Stockholm (HedgeNordic) – Capital Four Credit Opportunities Fund, a Copenhagen-based fund that aims to exploit market inefficiencies in European credit markets by applying bottom-up fundamental credit research, has been shortlisted in two categories at the upcoming Alternative Credit Intelligence European Performance Awards 2017. The fund run by Danish asset manager Capital Four Management is shortlisted in the following categories: long/short[Read More…]

by 12/10/2017
CoinShares Launched in Crypto Space

CoinShares Launched in Crypto Space

Stockholm (HedgeNordic) – The team behind the first regulated bitcoin hedge fund, Global Advisors Bitcoin Investment Fund (GABI), and XBT Provider AB, the Swedish-domiciled issuer of two exchange-traded bitcoin notes, announced the launch of CoinShares – a new brand for their portfolio of cryptocurrency-related investment vehicles. After issuing two Nordic Nasdaq-listed bitcoin tracking exchange-traded notes designed to mirror the return[Read More…]

by 10/10/2017
Active Fund Managers Stage a Comeback

Active Fund Managers Stage a Comeback

Stockholm (HedgeNordic) – “There will be a time soon when active managers really prove their worth to the discerning clients,” reckons Matthew Beesley, Head of Equities at Swiss asset manager GAM. The imminent end of quantitative easing and rising interest rates are anticipated to fuel the ongoing fall in stock correlations, which will likely create a better environment for active[Read More…]

by 05/10/2017
Power Cables Jolt Origo Quest

Power Cables Jolt Origo Quest

Stockholm (HedgeNordic) – Origo Quest 1, the equity-focused hedge fund targeting small-cap companies undergoing transformations, just recorded its best month of the year so far. The fund run by Stockholm-based asset manager Origo Capital returned 4.15% net-of-fees in September, bringing the year-to-date return to 4.19%. The Danish industrial conglomerate NKT Holdings contributed strongly to Origo Quest’s performance, as the shares[Read More…]

by 03/10/2017
Merrant Named Best Global Arbitrage Fund

Merrant Named Best Global Arbitrage Fund

Stockholm (HedgeNordic) – The 2017 winners of the InvestHedge Awards, which honour the top risk-adjusted returns in the multi-manager industry, were announced last Thursday (September 28) in New York. Merrant Alpha Select was the only Nordic name distinguished among the winning funds, winning the “Best Global Arbitrage Fund, 5 Years” category. “It is very gratifying that Merrant’s market neutral strategy has[Read More…]

by 03/10/2017
AIMA Highlights Benefits of CTAs

AIMA Highlights Benefits of CTAs

Stockholm (HedgeNordic) – Fresh research shows that investor portfolios containing managed futures funds perform better and exhibit less risk than those without them. Despite occasionally experiencing periods of underperformance, managed futures funds can provide competitive risk-adjusted and non-correlated returns coupled with limited drawdowns. Managed futures strategies represent one of the main alternative investment strategies, accounting for roughly $340 billion in[Read More…]

by 03/10/2017
Interview: Anders Tandberg-Johansen, DNB TMT Absolute Return

Interview: Anders Tandberg-Johansen, DNB TMT Absolute Return

Stockholm (HedgeNordic) – DNB TMT Absolute Return, one of a handful of long/short market neutral equity hedge funds in the Nordics, has generated an annualized return of 3.44% since the fund’s inception in November 2010. The fund employs a relatively low net position in equities and aims to generate absolute returns uncorrelated to returns in equity markets. DNB Asset Management’s[Read More…]

by 02/10/2017
Brummer & Partners Family of Funds Enjoys Banner Month

Brummer & Partners Family of Funds Enjoys Banner Month

Stockholm (HedgeNordic) – The flagship fund of Swedish hedge fund group Brummer & Partners enjoyed one of the strongest months since its inception in early 2002, after returning 2.38% net-of-fees in August. Brummer Multi-Strategy (BMS), a fund of funds investing in eight hedge fund managers, gained 5.89% year-to-date. All hedge funds in the Brummer family ended the month of August[Read More…]

by 29/09/2017
Target, bullseye, arrow, bow & arrow,

Origo Takes Another Step Towards Greater Transparency

Stockholm (HedgeNordic) – Hedge funds are notorious for being secretive, but there is little doubt that the industry has entered a new era of transparency. And some hedge fund vehicles have successfully responded to greater demands for transparency. For instance, Swedish hedge fund manager Origo Capital recently launched Insight, a new informative publication that gives investors access to the fund[Read More…]

by 29/09/2017
Hedge Fund Liquidations Drop as Industry Capital Hits New Record

Hedge Fund Liquidations Drop as Industry Capital Hits New Record

Stockholm (HedgeNordic) – Hedge fund liquidations dropped in 2Q 2017 as new investor inflows propelled hedge fund industry assets under management to a new record. According to a recent report released by hedge fund data provider HFR, the number of hedge fund liquidations declined to 222 in 2Q 2017, down from a total of 259 recorded in the prior quarter[Read More…]

by 28/09/2017
True Market Neutral Hardly Breaks A Sweat

True Market Neutral Hardly Breaks A Sweat

Stockholm (HedgeNordic) – SEB’s True Market Neutral fund, a fund of funds investing in a selection of equity market neutral hedge funds, returned 0.09% net-of-fees in August, after generating 0.31% in July and 0.58% in June. Despite enjoying three consecutive months of positive performance, the disappointing results experienced in April (-0.68%) and May (-0.96%) have put the fund at risk[Read More…]

by 25/09/2017
Man Group Becomes PRI Signatory at Group Level

Man Group Becomes PRI Signatory at Group Level

Stockholm (NordSIP) – Man Group announced today (September 20) that it has become a signatory to the UN Principles for Responsible Investment (PRI) across the group’s five investment branches, considerably stepping up its ESG commitment. Man GLG and Man Numeric have been signatories to the PRI since 2012 and 2014 respectively, and are now joined by Man AHL, Man FRM[Read More…]

by 22/09/2017
U.S. Activist Funds Increasingly Setting Sights on European Companies

U.S. Activist Funds Increasingly Setting Sights on European Companies

Stockholm (HedgeNordic) – Shareholder activism in Europe has been on the rise in the past several years, with activist investors launching 119 campaigns on the European continent in the 12 months to the middle of 2017, compared to 100 campaigns a year ago and a mere 62 five years ago. More importantly, U.S. activist hedge funds are setting their sights[Read More…]

by 22/09/2017