Hedge Fund News

Capital Four Plans to Launch Private Debt Fund

Capital Four Plans to Launch Private Debt Fund

Stockholm (HedgeNordic) – Capital Four, the Danish USD 12 billion credit manager, is planning to launch a new private debt fund in the spring, according to Bloomberg. The fund will invest in mid-sized companies and sponsors in European primary markets. It will be called the Strategic Credit Fund II and have a 10 percent return target, Bloomberg reports. As previously[Read More…]

by 18/03/2018
Michael Petry

Danske Prepares for New Macro Hedge Fund

Stockholm (HedgeNordic) – Danske Bank is preparing for a new macro hedge fund to be launched “later this year”, Danish AM Watch reports. In preparation for the launch, the bank has rehired its former chief strategist Bo Bejstrup Christensen as chief portfolio manager. Christensen, who left the former Danske Capital back in 2016 to become part of Inter Fund Management[Read More…]

by 18/03/2018
Month in Review: NHX February 2018

Month in Review: NHX February 2018

Stockholm (HedgeNordic) – February turned out to be one of the worst months in terms of average returns for Nordic hedge funds, as trend-following CTAs experienced their worst monthly performance on record. Nordic hedge funds, as expressed by the Nordic Hedge Index (NHX), were down 1.5 percent in February (91 percent reported), with all five NHX sub-categories posting losses for[Read More…]

by 16/03/2018
Nordic Equity Hedge Funds Escape Turmoil

Nordic Equity Hedge Funds Escape Turmoil

Stockholm (HedgeNordic) – Nordic equity hedge funds, as measured by the NHX Equities Index, fell an estimated 0.9 percent in February (91 percent reported), as stock markets around the world feared that central banks would accelerate the pace of interest rate hikes. The NHX Equities Index is down 0.6 percent in the first two months of 2018. Nordic Equity Hedge[Read More…]

by 14/03/2018
A Skilled Navigator in Downturns

A Skilled Navigator in Downturns

Stockholm (HedgeNordic) – Handelsbanken Global Selektiv Hedge, a market-neutral equity hedge fund launched in November 2001, is one of the oldest names in the Nordic Hedge Index (NHX). The fund’s strategy involves investing in high-quality companies and shorting low-quality companies, with the quality aspect being combined with research and analysis of other fundamental characteristics such as earnings development, valuation, ESG[Read More…]

by 14/03/2018
Announcement: Nominations 2017 Nordic Hedge Award

Announcement: Nominations 2017 Nordic Hedge Award

Stockholm (HedgeNordic) – The organizer ranked all funds eligible for nomination according to a calculation model co-developed with Stockholm School of Economics based on data drawn from the Nordic Hedge Index. This model translates the funds´ results into points earned for various achievements. Points are awarded for absolute performance, the stability of returns, performance in relation to historic returns of the respective[Read More…]

by 12/03/2018
Nordic Hedge Funds Among World’s Best Performers

Nordic Hedge Funds Among World’s Best Performers

Stockholm (HedgeNordic) – Activist fund Accendo Capital was the seventh best-performing hedge fund over the past three years among the 18,000 vehicles tracked by data provider Preqin. Rhenman Healthcare Equity L/S and AAM Absolute Return Fund also feature in Preqin’s special report dedicated towards the hedge fund industry’s best performers. With an annualized return of 34.0 percent over the period[Read More…]

by 09/03/2018
QQM in Top 10 Market Neutral Funds

QQM in Top 10 Market Neutral Funds

Stockholm (HedgeNordic) – Stockholm-based QQM Equity Hedge features in BarclayHedge’s list of top ten best-performing equity market-neutral funds over the past five-year period. The market-neutral fund managed by Ola Björkmo and Jonas Sandefeldt generated a cumulative return of 41.2 percent since the beginning of 2013 through the end of 2017, equating to a compounded annual return of 7.2 percent. A[Read More…]

by 08/03/2018
Nordic Hedge Funds Suffer Losses in February – CTA and Equity Strategies slump

Nordic Hedge Funds Suffer Losses in February – CTA and Equity Strategies slump

Stockholm (HedgeNordic) – February proved to be a challenging month for a majority of the Nordic hedge funds underlying the Nordic Hedge Fund Index – NHX. With 75 percent of managers having reported their numbers for the month, the index suggest a loss of 1.5 percent, which is in line with the Barclay Hedge Fund Index but better than the[Read More…]

by 08/03/2018
Hedge Fund Returns Exceeded Institutional Investors’ Expectations in 2017

Hedge Fund Returns Exceeded Institutional Investors’ Expectations in 2017

Stockholm (HedgeNordic) – Almost three quarters (74 percent) of institutional investors say that their hedge fund portfolios met or exceeded expectations in 2017, according to Credit Suisse´s Tenth Annual Global Hedge Fund Investor Survey. This is a significant increase from the previous year, when only 30 percent said they were happy with the returns generated by their allocations to hedge[Read More…]

by 08/03/2018
Incentive’s Value Approach Delivers Real Alpha

Incentive’s Value Approach Delivers Real Alpha

Stockholm (HedgeNordic) – Value investing strategies typically struggle in bull markets similar to the one investors have enjoyed in the past several years. However, Incentive Active Value, a value-oriented fund primarily investing in the under-researched mid-cap segments of European equity markets, managed to deliver since its inception in mid-2014. The Oslo-based fund managed by Svein Høgset, Niklas Antman, Mikael Berglund[Read More…]

by 07/03/2018
Nordic FoHFs Off to a Slow yet Positive Start

Nordic FoHFs Off to a Slow yet Positive Start

Stockholm (HedgeNordic) – Nordic funds of hedge funds started off 2018 on a positive note, with more than two-thirds of the 23-member NHX Fund of Funds Index posting positive returns in January. The NHX sub-category gained 0.4 percent last month (100 percent reported). However, international funds of hedge funds outperformed their Nordic counterparts by a noticeable margin in January. For[Read More…]

by 02/03/2018
More Managers Rush Into Crypto Markets

More Managers Rush Into Crypto Markets

Stockholm (HedgeNordic) – The number of funds that trade cryptocurrencies more than doubled between October last year and February this year, according to data collected by fintech analytics firm Autonomous NEXT. An estimated 226 crypto funds are currently operating, with these funds collectively managing between $3.5 billion and $5.0 billion in capital. Of the 226 funds, 167 funds launched in[Read More…]

by 02/03/2018
Mixed Bag for Nordic Multi-Strategy Hedge Funds

Mixed Bag for Nordic Multi-Strategy Hedge Funds

Stockholm (HedgeNordic) – Nordic multi-strategy hedge funds, as expressed by the NHX Multi-Strategy Index, gained 0.6 percent on average in January (94 percent reported), with the entire group clinching the title of the second best-performing NHX sub-category. Around two-thirds of multi-strategy funds reported positive performance for the month. Nordic multi-strategy funds underperformed international indices of similar strategies last month, partly[Read More…]

by 23/02/2018
Renewed Optimism Among Hedge Fund Investors

Renewed Optimism Among Hedge Fund Investors

Stockholm (HedgeNordic) – The global hedge fund industry has gained renewed optimism among investors after delivering strong performance in 2017, according to a survey conducted by Deutsche Bank on 436 global hedge fund investors. The hedge fund industry ended 2017 up 8.6 percent, as reflected by the HFRI Fund Weighted Composite Index, recording the best annual performance since 2013. The[Read More…]

by 23/02/2018
Nordic FI Strategies Quietly Extend Winning Streak

Nordic FI Strategies Quietly Extend Winning Streak

Stockholm (HedgeNordic) – Nordic fixed-income hedge funds delivered positive returns at an aggregate level for the 23rd consecutive month in January, enjoying the longest streak of positive performance since the inception of the NHX indices in 2005. Fixed-income strategies, as measured by the NHX Fixed Income, gained 0.5% on average last month (100% reported), their best monthly gain since mid-2017.[Read More…]

by 23/02/2018
Month in Review: NHX January 2018

Month in Review: NHX January 2018

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index (NHX), gained 1.0% on average in the first month of 2018 (90% reported). Though all five NHX sub-categories returned gains for the month, a solid performance from CTAs drove the NHX index further. Nordic CTAs gained 3.7% on average in January, reflecting increased market trendiness across several sectors.[Read More…]

by 16/02/2018
Santa Lingers on for Nordic Equity Hedge Funds

Santa Lingers on for Nordic Equity Hedge Funds

Stockholm (HedgeNordic) – Nordic equity hedge funds started off 2018 on a positive note despite lagging international peers. The NHX Equities Index advanced 0.7% in the first month of the year (95% reported), reflecting a noteworthy performance spread across funds. Global equity-focused hedge funds, meanwhile, gained 3.4% in January as indicated by the HFRX Equity Hedge Index, the best monthly[Read More…]

by 14/02/2018
Hedge Funds Beat Traditional Investments

Hedge Funds Beat Traditional Investments

Stockholm (HedgeNordic) – Despite taking a serious lashing from critics in the past several years, new research shows hedge funds have generated higher risk-adjusted returns than equities and bonds over both the long and short term. Furthermore, approximately 32 percent of all hedge funds produced double-digit gains last year, compared with 23 percent in 2016, according to research by data[Read More…]

by 14/02/2018
Crypto Hedge Funds Give Up Gains

Crypto Hedge Funds Give Up Gains

Stockholm (HedgeNordic) – Hedge funds investing in cryptocurrencies and blockchain technologies lost 9.2% in the first month of 2018, but the gains earned by these vehicles in 2017 make the nearly double-digit loss seem ridiculously small. Cryptocurrency hedge funds, as measured by the HFR Cryptocurrency Index, gained a whopping 2,022% in 2017. In mid-December, hedge fund data provider HFR announced[Read More…]

by 09/02/2018