Hedge Fund News

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
Hedge Fund Players Unlock New Achievement

Hedge Fund Players Unlock New Achievement

Stockholm (HedgeNordic) – Hedge funds generated positive returns in all twelve months of 2017, an achievement not observed for more than a decade. According to analytics firm eVestment, hedge funds generated positive returns for the 14th consecutive month in the concluding month of 2017, with the December return of 0.9% extending the full-year aggregate return to 8.8%. This compares favourably[Read More…]

by 12/01/2018
Round Table Discussion: CTA & Systematic Macro

Round Table Discussion: CTA & Systematic Macro

Stockholm (HedgeNordic) -At HedgeNordic, it has become a much-treasured tradition to close the year with a roundtable discussion among systematic macro and CTA managers spiced up with some local allocators. This year, for the first me, we invited our guests not to Stockholm, but to Finland ́s capitol, Helsinki. The city was preparing for the climax to the celebrations for[Read More…]

by 11/01/2018
At Last Hedge Fund Launches Surpass Closures

At Last Hedge Fund Launches Surpass Closures

Stockholm (HedgeNordic) – The number of hedge fund launches surpassed liquidations on a quarterly basis for the first time in more than two years, as investors are regaining confidence in the sometimes heavily-criticised industry. Investor appetite for hedge funds has picked up due to improved investor risk tolerance and lower costs, pushing hedge fund industry capital to a record $3.16[Read More…]

by 03/01/2018
Swedish Activist Firm Writes History

Swedish Activist Firm Writes History

Stockholm (HedgeNordic) – Swedish activist investment fund Cevian Capital agreed to sell its ownership stake in Swedish truck, construction equipment and boat engine manufacturer Volvo to Chinese car group Zhejiang Geely. The Chinese company, which already owns Swedish carmaker Volvo Cars, will purchase 88.47 million class A shares and 78.77 million class B shares of Volvo, equivalent to 8.2% of[Read More…]

by 03/01/2018
More Skin in the Game Pays Off

More Skin in the Game Pays Off

Stockholm (HedgeNordic) – A recent study conducted by NYU Stern Professor of Finance Arpit Gupta and co-author Kunal Sachdeva of Columbia Business School finds that hedge funds with larger investments by insiders outperform those funded with external capital. The study also finds that funds run by managers with more “skin in the game” exhibit superior return persistence, and their capital[Read More…]

by 03/01/2018
Insiderfonder Lands New CEO

Insiderfonder Lands New CEO

Stockholm (HedgeNordic) – Karin Lidén takes over the Chief Executive Officer (CEO) role at Insiderfonder AB, as former CEO Erik Lidén stepped down to fully focus on the management of the firm’s funds. Insiderfonder AB employs a systematic approach to identify investments opportunities in equity markets based on the publicly disclosed trades of management teams and boards. The fully automated[Read More…]

by 21/12/2017