Manager Interviews

Low-Risk Exposure to FX Provides Uncorrelated Returns

Low-Risk Exposure to FX Provides Uncorrelated Returns

Stockholm (HedgeNordic) – Although a number of systematic macro funds and trend-following CTAs from the NHX family invest in currencies, Jyske Invest FX Alpha is one of a handful of pure currency hedge funds in our index. The fund managed by Jyske Capital, one of Denmark’s leading asset managers with assets under management of more than €22 billion, aims to[Read More…]

by 01/04/2018
Carlsson Norén Macro Fund Welcomes Increased Volatility

Carlsson Norén Macro Fund Welcomes Increased Volatility

Stockholm (HedgeNordic) – Carlsson Norén Macro Fund is a Sweden-based hedge fund that invests in fixed-income markets in Nordic and G7 countries. Fredrik Carlsson and Martin Norén started the fund at the beginning of 2008. Although the returns earned by the Carlsson Norén Macro Fund have been underwhelming in recent years, the fund has more than proven its ability to[Read More…]

by 22/03/2018
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
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
Where Factor Investing Caught on

Where Factor Investing Caught on

Stockholm (HedgeNordic) – This week we had a chance to catch up with Dr Klaus Teloeken, CIO of Allianz Global Investors’ Systematic Equity strategies, at the end of his day in Stockholm, before he continued on to Copenhagen. Inspired by his Nordic trip, Teloeken gave us an insightful overview of the institutional investors’ journey into factor investing. “The Nordics have[Read More…]

by 21/02/2018
Hedge Funds Regain Appeal for Ilmarinen

Hedge Funds Regain Appeal for Ilmarinen

Stockholm (HedgeNordic) – In a recent interview with Bloomberg, Mikko Mursula (pictured), the chief investment officer of Ilmarinen Mutual Pension Insurance Co., says “we are feeling more positive about hedge funds than a couple of years ago.” What has spurred the regained appeal for hedge funds at the 57 billion dollar Finnish asset manager is, according to the interview, the belief[Read More…]

by 19/02/2018
European Utilities – the Long, the Short and the Green

European Utilities – the Long, the Short and the Green

Stockholm (HedgeNordic) – This week, we had the opportunity to sit down over lunch with Eric Melloul, European utility specialist at New York-based Electron Capital Partners, a long/short hedge fund manager focused on global utilities and infrastructure. Our discussion took us around the different opportunities for investing in liquid utilities and infrastructure in Europe and beyond, with a particular focus[Read More…]

by 08/02/2018
What the Future Holds

What the Future Holds

Stockholm (HedgeNordic) – In HedgeNordic’s upcoming Special Report on Equities, we have looked to the future for inspiration. Our supplement on Hedge Funds 2.0 will unveil some exciting analysis on artificial intelligence, alpha in a changing world, and even MiFID II. While the shop is busy bringing the final touches to the report, we are bringing forward the views of[Read More…]

by 13/12/2017
Red Carpet Into Finnish Forestry

Red Carpet Into Finnish Forestry

Stockholm (HedgeNordic) – This autumn, the Finnish fund management company FIM launched the FIM Forest fund or “FIM Forest” targeting professional investors in Sweden. The fund invests in plots of forest land in different parts of Finland. Quality verification is carried out in co-operation with local specialists; one of these is Innofor Ltd, a company managing forests across Finland –[Read More…]

by 01/12/2017
No One-Trick Pony

No One-Trick Pony

Stockholm (HedgeNordic) – Coeli Prognosis Machines, a systematic macro strategy combining financial models with artificial intelligence to make investments in a wide array of asset classes, is the second-best performing fund within the NHX CTA category this year after returning 10.4% year-to-date. Most strikingly, the strategy developed and managed by Alex Gioulekas, one of the founding members of multi-billion systematic[Read More…]

by 30/11/2017
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
Sustainability a No-Brainer for Infrastructure

Sustainability a No-Brainer for Infrastructure

Stockholm (NordSIP) – By definition, infrastructure is a long-term investment and investing with this type of horizon requires more than the usual financial analysis. Consequences must be carefully analysed, and risks that are not immediately apparent must be taken into account. As he is approaching the final close on his first fund, Sweden-based infrastructure investment manager and founding partner Philip[Read More…]

by 15/11/2017
Nordic Cross cautious in building new funds

Nordic Cross cautious in building new funds

Stockholm (HedgeNordic) – The fund management company Nordic Cross Asset Management, a part of the Altor-owned Caram Group, launched two new hedge funds in August this year; Nordic Cross Total Return Bond Fund and Nordic Cross Stable Return. The prior is an alternative investment fund focusing on fixed income markets while the latter can be described as an alternative multi-strategy[Read More…]

by 10/11/2017
RAM AI: From Emerging Markets to Systematic Long/Short

RAM AI: From Emerging Markets to Systematic Long/Short

Stockholm (HedgeNordic) – During a recent visit to Stockholm, Emmanuel Hauptmann, Partner & Senior Systematic Equity Fund Manager at Geneva-based RAM Active Investments, spoke to HedgeNordic about his firm’s systematic Long/Short strategy, and explained why he often visits the Nordics. A few years back, when Hauptmann and his team started travelling to Stockholm, they presented mostly their flagship Emerging Market[Read More…]

by 02/11/2017
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
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
Interview – Michael Idevall, Arcturus

Interview – Michael Idevall, Arcturus

Stockholm (HedgeNordic) – After having spent 12 years successfully managing the specialist global equity fund Camelot at Lancelot, a long-only fund that could alter its long equity exposure by changing its cash proportion, Michael Idevall (pictured) decided to leave to set up his own hedge fund, using a more flexible mandate. In March 2016, he launched the fund Arcturus together[Read More…]

by 19/09/2017
TOBAM-565-JEP

Riding Bubbles with Smart Beta

Stockholm (HedgeNordic) – During his recent visit to Stockholm, we spoke to Yves Choueifaty, founder and President of the French smart-beta manager TOBAM about a recent research the firm produced on the worrying concentrations in the current credit market. TOBAM may sound to some people like an acronym resulting from a merger of a spin off, but far from it.[Read More…]

by 14/09/2017
Interview: Luke Ellis – CEO, Man Group

Interview: Luke Ellis – CEO, Man Group

Stockholm (HedgeNordic) – Luke Ellis is the CEO of the world’s largest publicly traded hedge fund manager, Man Group Plc. While in Stockholm earlier this year, HedgeNordic met up with Ellis to hear what he had to say about the current environment for hedge funds, what strategies that he sees as most likely to perform well in the current market[Read More…]

by 14/09/2017