Hedge Fund News

Systematic FX Finally Taking Off

Systematic FX Finally Taking Off

Stockholm (HedgeNordic) –Swedish FX International AB joined forces with Slovakian asset management firm Valor o.c.p. to launch a systematic hedge fund trading in foreign exchange markets, called Valor Global FX. Valor Global FX aims to generate absolute returns in all types of market conditions by entering into short-term positions in foreign exchange markets. The fund’s model relies upon Valor’s time-tested[Read More…]

by 05/12/2017
Special Report: Alternative Fixed Income

Special Report: Alternative Fixed Income

Stockholm (HedgeNordic) – We are pleased to be publishing a special report on alternative fixed income strategies. To tease you into the paper, here some of the highlights: We were able to scrutinize the claim that there is always value in global bond markets while critically asking if fixed income markets are actually overvalued, Helsinki based AIM Capital tells us how[Read More…]

by 01/12/2017
One Team, Two Launches

One Team, Two Launches

Stockholm (HedgeNordic) – Gothenburg-based asset manager Strukturinvest Fondkommission plans to launch two credit-oriented hedge fund strategies that aim to generate returns irrespective of interest rate changes. The firm’s Chief Investment Officer Sean George and Lead Portfolio Manager Ulf Erlandsson will be managing the funds jointly. One of the funds called the Hamiltonian Global Credit Opportunities fund, will search for long,[Read More…]

by 30/11/2017
Catella Secures Continued Control Over IPM

Catella Secures Continued Control Over IPM

Stockholm (HedgeNordic) – Swedish asset manager Catella secured continued control over systematic investment manager IPM Informed Portfolio Management AB (IPM) after signing an agreement to purchase shares from several shareholders in IPM B.V., a Dutch holding company owning approximately 75% of IPM. IPM has been a subsidiary of the Catella Group since 2014 through direct and indirect ownership of 50.7%[Read More…]

by 28/11/2017
Five Awards for Three Nordic Performers

Five Awards for Three Nordic Performers

Stockholm (HedgeNordic) – Last week, Danish manager MOMA Advisors took home two awards at the Hedge Funds Review’s European Performance Awards Ceremony in London. Fellow Nordic hedge-fund managers Peak Asset Management and Nordkinn Asset Management were also rewarded on the same occasion. Peak received the Best sub-$100m hedge fund and Best multi-strategy emerging manager awards for its Peak Core Strategies[Read More…]

by 28/11/2017
KTH opens Brummer & Partners MathDataLab

KTH opens Brummer & Partners MathDataLab

On 17 November the Brummer & Partners MathDataLab at the Department of Mathematics at the KTH Royal Institute of Technology in Stockholm was inaugurated. The goal is to create a hub for mathematical research into complex data analysis.The initiative has been made possible through a SEK 15.5 million research grant to KTH from Brummer & Partners. KTH is now building[Read More…]

by 23/11/2017
Europe’s First Bitcoin Fund

Europe’s First Bitcoin Fund

Stockholm (HedgeNordic) – France-based asset manager TOBAM announced the launch of Europe’s first bitcoin mutual fund in an attempt to meet the institutional demand for the cryptocurrency. Although the TOBAM Bitcoin Fund was set up as an alternative investment fund instead of a UCITS structure, the fund provides daily liquidity similar to most UCITS mutual funds. The TOBAM Bitcoin fund[Read More…]

by 23/11/2017
Different Shades of Blue

Different Shades of Blue

Stockholm (HedgeNordic) – Yesterday, Tuesday November 21, Man Group held a breakfast seminar at the Grand Hotel in Stockholm dedicated to institutional investors. Presentations spanned over four different aspects of alternative investments, all covered by Man Group’s umbrella which comprises distinct specialised asset management styles: AHL, Numeric (both quantitative strategies), GLG, FRM (both discretionary managers), and Global Private Markets. The[Read More…]

by 22/11/2017
Funds of Hedge Funds Consolidate in Fight for Survival

Funds of Hedge Funds Consolidate in Fight for Survival

Stockholm (HedgeNordic) – The fund of hedge funds industry has experienced a noticeable drop in assets under management in recent years, as institutional investors such as public pension funds have moved capital out of multi-manager vehicles in favour of picking fund managers directly. According to alternative assets data provider Preqin, funds of hedge funds collectively manage $798 billion as of[Read More…]

by 22/11/2017
Swedish Domestic Market: Proceed Cautiously

Swedish Domestic Market: Proceed Cautiously

Stockholm (HedgeNordic) – PriorNilsson Idea, a long/short equity-focused hedge fund managed by Swedish asset manager PriorNilsson Fonder, has generated a cumulative return of 194.5% since its inception in January 2006, equating to an annual compound rate of 9.6%. The fund’s performance has been solid in recent years, with the fund being on track to deliver an annual return in excess[Read More…]

by 16/11/2017
Nordic Equities Need Christmas Magic

Nordic Equities Need Christmas Magic

Stockholm (HedgeNordic) – Nordic equity-focused hedge funds, as measured by the NHX Equities, extended their average year-to-date return to 3.6% after gaining 0.5% in October (95% reported). Despite the mild post-summer recovery in performance, the average Nordic equity fund is on course to suffer the worst annual result since 2011 unless some Christmas magic rewards fund managers with substantial gains[Read More…]

by 16/11/2017
CTAs Lead the Pack into Positive October Performance

CTAs Lead the Pack into Positive October Performance

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index – NHX, gained an estimated 1.0% in October (85% reported), extending their year-to-date aggregate gains to 3.3%. All five NHX sub-categories contributed to the positive performance with CTAs leading the pack gaining close to 4 percent on the month. Although still in negative territory for the year,[Read More…]

by 15/11/2017
Cheap Hedging to the Rescue

Cheap Hedging to the Rescue

Stockholm (HedgeNordic) – The Catella Nordic Long Short Equity fund, a Nordic-focused absolute return equity fund, gained 5.1% year-to-date through the end of last week, with most gains in the second half of the year. This mid-single-digit return follows three consecutive years of annual returns above 10%. Catella Nordic Long Short Equity enjoyed a rebound in September, as the fund[Read More…]

by 13/11/2017
Winning Nordic Emerging Managers in London

Winning Nordic Emerging Managers in London

Stockholm (HedgeNordic) – Last week in London, EuroHedge awarded prizes to the best Emerging Fund Managers within several hedge fund categories in Europe. This award ceremony complements the long-standing EuroHedge awards ceremony which is traditionally held in January and showcases managers that have typically smaller funds or shorter track-records. There were four categories in which the jury chose the winners,[Read More…]

by 13/11/2017
Special Report: Real Estate & Infrastructure

Special Report: Real Estate & Infrastructure

Stockholm (HedgeNordic) – In this publication, you will find that, to little surprise, those managers in asset classes adjacent to real estate, have been particularly vehement about the increasing mispricing of real estate. Not only has the illiquidity premium been drawn down, but the risk of the asset class itself may be misunderstood, given how long the current positive trend[Read More…]

by 09/11/2017
Round Table Discussion: Alternative Fixed Income & Credit

Round Table Discussion: Alternative Fixed Income & Credit

Stockholm (HedgeNordic) –  HedgeNordics´ roundtable in Copenhagen of credit managers, and allocators including pension funds, family offices, insurance companies, and multi -manager fund of funds, discussed their preferred habitats in today’s credit markets – and where they expect to shift exposure towards as market conditions change and evolve. The ability to dynamically rebalance portfolios is highly prized in credit investing, which is one reason why active management remains predominant. Passive investing[Read More…]

by 09/11/2017
Are Hedge Funds Playing Greater Fool?

Are Hedge Funds Playing Greater Fool?

Stockholm (HedgeNordic) – The price of bitcoin has surged more than 600% year-to-date, with the world’s largest cryptocurrency regularly setting new all-time highs in recent weeks (a fresh all-time in the $7,800s was reached earlier this week). Market observers say institutionalised money movers, many of the hedge funds, helped fuel the surge in the digital currency’s price. Bitcoin has outperformed[Read More…]

by 09/11/2017
Manager Selection Critical Amid Worsening Beta

Manager Selection Critical Amid Worsening Beta

Stockholm (HedgeNordic) – Hedge fund managers will have more opportunities to perform well as central banks have started unwinding their unconventional monetary policies, according to a recent market outlook released by J.P. Morgan Asset Management. Hedge fund managers have not encountered numerous opportunities to distinguish themselves from their rivals in recent years, as risky assets have been moving in near-lockstep[Read More…]

by 08/11/2017
FIM Launches Nordic AI-Powered Fund

FIM Launches Nordic AI-Powered Fund

Stockholm (HedgeNordic) – Finnish asset manager FIM launches a Nordic fund powered entirely by artificial intelligence. FIM is one of a handful of global asset managers tapping into the growing use of AI in the asset management industry. FIM Artificial Intelligence uses AI and machine learning to identify causal relationships in global equity markets that humans cannot detect. Much of[Read More…]

by 07/11/2017
Coeli Adds Accum’s Hedge Funds Under Its Umbrella

Coeli Adds Accum’s Hedge Funds Under Its Umbrella

Stockholm (HedgeNordic) – Starting in October, Accum Capital’s Capital Preservation Strategy (CPS) and Capital Growth Strategy (CGS) – two funds of funds predominantly investing in hedge funds and absolute return funds – will operate under the umbrella of Coeli Asset Management AB. Current and potential investors of the two funds of funds are expected to benefit from the transition, as[Read More…]

by 03/11/2017