Hedge Fund News

Last Meal for Hedge Funds?

Last Meal for Hedge Funds?

Stockholm (HedgeNordic) – Hedge funds gained 2.8% on average in January, notching up the strongest monthly return since September 2010 and enjoying the best first month for the industry since 2006. The strong performance comes on the back of a wild run for equity markets in January, which recorded their strongest January since 1997. According to hedge fund data provider[Read More…]

by 09/02/2018
In search for small-cap growth – Nordic Cross in new fund launch

In search for small-cap growth – Nordic Cross in new fund launch

Stockholm (HedgeNordic) – Nordic Cross Asset Management, the alternative investment management company that runs under the Caram umbrella organisation, just recently launched its third fund – Nordic Cross Small Cap Edge. The launch follows on the two launches that were made last year; Nordic Cross Total Return Bond Fund and Nordic Cross Stable Return. The new fund is managed by[Read More…]

by 09/02/2018
Millennium Trends elevate Pacific Multi Asset

Millennium Trends elevate Pacific Multi Asset

Stockholm (HedgeNordic) – Pacific Multi Asset, the multi-asset liquid alternatives fund managed by Pacific Fonder, has reached new all-time high levels in January spurred by trends in what the portfolio manager Eric Strand (pictured) refers to as the ”Millennium Trends” risk bucket. ”The millennium trends part of the portfolio seeks to benefit from trends that relates to the technological revolution[Read More…]

by 02/02/2018
Final Sprint Saves Nordic FoHF

Final Sprint Saves Nordic FoHF

Stockholm (HedgeNordic) – Despite incurring losses in the last two months of 2017, Nordic funds of hedge funds, as measured by the NHX Fund of Funds, ended the year in the black at 0.2% (100% reported). The performance of Nordic FoFs was mixed in 2017, with approximately two-thirds of the NHX sub-index managing to show positive returns for the year.[Read More…]

by 02/02/2018
Meet the Newest Additions to the NHX Family

Meet the Newest Additions to the NHX Family

Stockholm (HedgeNordic) – Eight hedge funds have been added to the Nordic Hedge Index (NHX) since the beginning of December, five of which joined the NHX family in January. The NHX fund universe now includes 157 funds. Most of these eight funds were born throughout 2017, predominately in the second half of the year. At the same time, several Nordic[Read More…]

by 02/02/2018
Short US Dollar Despite 3-Year Low

Short US Dollar Despite 3-Year Low

Stockholm (HedgeNordic) – Brummer & Partners-backed Nektar is shorting the U.S. dollar in anticipation of “strong momentum in the short run,” says Nektar’s Chief Investment Officer, Patrik Olsson to Bloomberg. The greenback hit a three-year low last week after the U.S. Treasury Secretary, Steven Mnuchin, suggested a weak dollar was good for U.S. trade. The lack of volatility in financial[Read More…]

by 01/02/2018
Round Table: Family Offices & Hedge Funds

Round Table: Family Offices & Hedge Funds

Stockholm (HedgeNordic) – While ultimately families are patient investors with investment horizons often spreading across generations, there are flaws with their typical, long-only heavy investments, being at the mercy that markets will go up always and in all periods. Over a five-year bull market, long-only funds may likely outperform. But at least based on history, they have the potential to[Read More…]

by 01/02/2018
Capital Four Credit Opportunities Fund Soft Closes

Capital Four Credit Opportunities Fund Soft Closes

Stockholm (HedgeNordic) – In a send-out to investors, Danish Capital Four today announced it would be soft closing their Capital Four Credit Opportunities Fund to new investors. as the flow of subscriptions has led the fund to grow to Eur 350m by end of January 2018, reaching capacity restrictions. In their email they write: “At Capital Four we monitor strategy capacity closely and take[Read More…]

by 01/02/2018
MIRA leads Nordic near clean-sweep at Eurohedge

MIRA leads Nordic near clean-sweep at Eurohedge

Stockholm (HedgeNordic) – Danish hedge fund Nykredit MIRA received the EuroHedge Award for Europe’s best fixed-income hedge fund of 2017, an award handed out at the 17th annual EuroHedge Awards event held in London earlier this week. The list of nominees for the fixed-income category was dominated by Nordic hedge funds, with five of the six contenders being members of[Read More…]

by 25/01/2018
AIMA Provides New Guide On Data Protection

AIMA Provides New Guide On Data Protection

Stockholm (HedgeNordic) – The Alternative Investment Management Association (AIMA) has published earlier this week a new implementation guide on the General Data Protection Regulation (GDRP), which replaces the current EU Data Protection Directive. According to AIMA, the GDPR is highly relevant for investment managers based both in the EU and outside. Indeed, the new regulation dictates how personal data should[Read More…]

by 25/01/2018
Nordic Multi-Strategy Funds In Good Shape

Nordic Multi-Strategy Funds In Good Shape

Stockholm (HedgeNordic) – Nordic multi-strategy funds, the most diverse group of funds within the NHX family, were nearly flat in December at a negative 0.04% (100% reported). The NHX Multi-Strategy Index gained 4.3% last year, becoming runner-up in the race of the best-performing NHX category of 2017. The NHX Multi-Strategy Index contains a variety of strategies ranging from sector-specific strategies[Read More…]

by 25/01/2018
Brummer Multi-Strategy Gatekeeper Talks Performance

Brummer Multi-Strategy Gatekeeper Talks Performance

Stockholm (HedgeNordic) – Brummer Multi-Strategy, a fund of funds investing in the single-strategy hedge funds within the Brummer & Partners family, returned 6.4% net-of-fees in 2017, recording its second-best yearly performance since 2009. Six of the eight underlying funds delivered positive returns last year, with long/short strategies contributing the most to performance. Brummer Multi-Strategy clinched the title of the best-performing[Read More…]

by 24/01/2018
Steady Run for Nordic Fixed-Income Hedge Funds

Steady Run for Nordic Fixed-Income Hedge Funds

Stockholm (HedgeNordic) – Nordic fixed-income hedge funds, as measured by the NHX Fixed Income, returned 7.1% on average in 2017, after gaining 0.2% (96% reported) in the last month of the year. Fixed-income strategies delivered positive returns for the 22nd consecutive month in December, with the NHX Fixed Income Index becoming the best-performing NHX sub-category in 2017. Nordic fixed-income hedge[Read More…]

by 24/01/2018
Female-Run Hedge Funds Outperform in 2017

Female-Run Hedge Funds Outperform in 2017

Stockholm (HedgeNordic) – Female-run hedge funds returned 9.6% on average in 2017, marginally beating the 8.7% average return generated by entire hedge fund industry. Despite women-run hedge funds having lagged the industry in the last months of the year, historical figures show women are equally as good as men at investing, if not better. The HFRI Women Index, which tracks[Read More…]

by 19/01/2018
SEB Diversified Fondmarknaden´s best hedge fund 2017

SEB Diversified Fondmarknaden´s best hedge fund 2017

Stockholm (HedgeNordic) – SEB Diversified, the multi-strategy hedge fund managed by Hans-Olov Bornemann (pictured), was selected “Best Hedge Fund 2017” at the annual “Årets Fonder” event held in Stockholm. The event is organized by Fondab, a company running the Fondmarknaden.se fund platform that holds over 1.800 underlying funds. Commenting on the reasoning behind the winning choice, Fondmarknaden writes: “The fund[Read More…]

by 19/01/2018
Nordic CTAs Disappoint One Last Time in 2017

Nordic CTAs Disappoint One Last Time in 2017

Stockholm (HedgeNordic) – Nordic CTAs ended 2017 on a negative note, as two-thirds of the NHX CTA Index members reported losses for December. As a result, Nordic CTAs recorded their second-worst annual performance since 2005, reflecting choppy trends across sectors and markets. The NHX CTA Index was down 0.7% in December and the full-year loss widened to 2.4%, concluding the[Read More…]

by 18/01/2018
Alternative UCITS attracting assets

Alternative UCITS attracting assets

Stockholm (HedgeNordic) The combination of hedge fund-like returns in a liquid and regulated form, which alternative UCITS funds describe continued to increase their popularity with investors during 2017. According to the latest market overview from LuxHedge, total Assets under Management for that segment grew 16 percent EUR450 billion. The report further reveals that asset growth was nicely distributed across the[Read More…]

by 17/01/2018
Month in Review: NHX December 2017

Month in Review: NHX December 2017

Stockholm (HedgeNordic) – The Nordic Hedge Index (NHX), gained an estimated 0.2% in December (95% reported), bringing the yearly performance to 3.0%. Despite ending the year on a positive note, the Nordic hedge fund universe recorded the worst yearly performance since 2011. The NHX sub-categories displayed mixed performance in the last month of the year, with CTAs incurring another month[Read More…]

by 17/01/2018
December Hedge Fund Redemptions Lowest in a Decade

December Hedge Fund Redemptions Lowest in a Decade

Stockholm (HedgeNordic) – Investor requests to pull money out of the hedge fund industry in the last month of 2017 reached the lowest figure in a decade, pointing to improved confidence in the so-called smart money industry. According to SS&C GlobeOp’s Forward Redemption indicator, a widely-used metric that tracks the level of forward redemption notices received from hedge fund investors,[Read More…]

by 12/01/2018
Nordic Equity Hedge Funds End 2017 on Positive Note

Nordic Equity Hedge Funds End 2017 on Positive Note

Stockholm (HedgeNordic) – Nordic equity hedge funds ended last year on a positive note after returning 0.8% on average in December (93% reported), recording their worst yearly performance since 2011. The NHX Equities Index, which tracks the performance of Nordic equity-focused hedge funds, advanced 3.7% in 2017, whereas global equities hedge funds were up 13.2% for the year – their[Read More…]

by 12/01/2018