NHX

Month in Review: NHX September 2017

Month in Review: NHX September 2017

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index – NHX, gained an estimated 0.7% in September (88% reported), extending their year-to-date aggregate gains to 2.3%. The five NHX sub-categories displayed mixed performance, with CTAs suffering another period of underwhelming performance due to quick reversals in several months-long trends (falling bond yields, weakening U.S. dollar and rising metal[Read More…]

by 13/10/2017
Nordic hedge funds gain in August, CTAs continue rebound

Nordic hedge funds gain in August, CTAs continue rebound

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.17% in August (83% reported), bringing the year-to-date performance to 1.68%. The month showed overall solid performance numbers, with CTAs continuing its rebound from July to finish August 0.98% higher. The strategy was the best performer on the month but is still lagging[Read More…]

by 11/09/2017
Nordic hedge funds gain in July powered by CTA comeback

Nordic hedge funds gain in July powered by CTA comeback

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.2% in July (88% reported), bringing the year-to-date performance to 1.6%. The month showed mixed performance across sub-strategies. CTAs was the best performing category recovering from recent losses. However, year-to-date, the strategy is by a wide margin the worst performing one, showing a[Read More…]

by 15/08/2017
Nordic hedge funds negative in June, CTAs continued to weigh

Nordic hedge funds negative in June, CTAs continued to weigh

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, lost an estimated 0.5% in June (90% reported), bringing the year-to-date performance to 1.5%. The month showed mixed performance across sub-strategies with CTAs again underperforming posting a loss of 3.1% (-5.9% YTD) while fixed income strategies continued to shine gaining an addtional 0.6% and thereby enhancing[Read More…]

by 16/07/2017
Summer Additions to the Nordic Hedge Index

Summer Additions to the Nordic Hedge Index

Stockholm (HedgeNordic) – Three hedge funds have been added to the Nordic Hedge Index (NHX) since the start of the summer, bringing the NHX fund universe to a total of 155 funds. The new additions coincided with the delisting of several funds such as Indecap Prisma and Guide Multihedge, funds liquidated during the second quarter of 2017. Brief introductions to[Read More…]

by 14/07/2017
Nordic Hedge Fund Asset Growth Index

Nordic Hedge Fund Asset Growth Index

Stockholm (HedgeNordic) – As of January 2017, HedgeNordic has been calculating and publishing a new index, Nordic Hedge Index – Asset Growth Index (NHX-AGI), with an attempt at representatively measuring the asset growth or decline of the Nordic hedge fund industry. Ambitious as we are, we would have liked to answer simple yet obvious questions as: “how big is the[Read More…]

by 28/06/2017
Nordic hedge funds flat in May, Accendo and Brummer among winners

Nordic hedge funds flat in May, Accendo and Brummer among winners

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, lost an estimated 0.06% in May (85% reported), bringing the year-to-date performance to 2.1%. The month was characterized by a disparity of returns between the strategy groups underlying the NHX Index. While CTAs in particular continued to weigh on performance, losing another 0.96% to bring year-to-date[Read More…]

by 16/06/2017
Nordic hedge funds build on momentum in April

Nordic hedge funds build on momentum in April

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.57% in April (93% reported), bringing the year-to-date performance to 2.18%. This was the 10th consecutive monthly gain for the index. The month was characterized by a positive sentiment overall for Nordic hedge funds with all NHX sub-categories but one showing positive returns.[Read More…]

by 23/05/2017
Nordic hedge funds march on in March

Nordic hedge funds march on in March

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.37% in March (79% reported), bringing the year-to-date performance to 1.53%. The month was characterized by a positive sentiment overall for Nordic hedge funds with all NHX sub-categories but one showing positive returns. Multi-strategy and fixed income strategies performed particularly well with gains of[Read More…]

by 24/04/2017
Broad gains for Nordic hedge funds in February

Broad gains for Nordic hedge funds in February

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 1.18% in February (74% reported). The month was characterized by broad gains with all sub-categories showing positive returns for the month. Multi-strategy and equity strategies performed particularly well with gains of 1,39% and 1.29% respectively. For the year, CTAs remain the worst performing[Read More…]

by 16/03/2017
Nordic hedge funds little changed in January, CTAs lagging

Nordic hedge funds little changed in January, CTAs lagging

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, were little changed in January gaining 0.1%. In terms of strategy attribution, profits in fixed income (+1.3%) and equity strategies (+0.5%) were offset by losses in CTA/Managed Futures strategies (-2.2%). Elsewhere, multi-strategy and fund of funds showed small changes. CTAs, being the big laggard, suffered from[Read More…]

by 22/02/2017
Nordic hedge funds end year on a positive note

Nordic hedge funds end year on a positive note

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 1.1% in December, bringing year-to-date performance to +3.5%. In terms of strategy attribution, gains were made across all sub-strategies with CTA and Equity strategies leading the way posting gains of 1.8 and 1.4 percent respectively. For the year, Fixed Income strategies outpace other strategy[Read More…]

by 26/01/2017
Nordic hedge funds in positive territory in November

Nordic hedge funds in positive territory in November

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.17% in November, bringing year-to-date performance to +2.34%. In terms of strategy attribution, gains were made in Equity hedge strategies, Fixed Income and CTAs, whereas Fund of Funds and Multi-Strategy posted losses. For the year, Fixed Income strategies outpace other strategy groups by a[Read More…]

by 23/12/2016
Nordic hedge funds little changed in October – CTAs continue downward spiral

Nordic hedge funds little changed in October – CTAs continue downward spiral

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, were largely unchanged during the month of October, posting a net loss of 0.02%. Year-to-date, the NHX Composite index has gained 2.19%. In terms of strategy attribution, the month saw a continued downbeat mood within the CTA universe with the NHX CTA dropping another 2.54%, wiping out gains[Read More…]

by 22/11/2016
Nordic hedge funds add to gains in mixed September

Nordic hedge funds add to gains in mixed September

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 0.33% in September. Year-to-date, the NHX Composite index has gained 2.21%. In terms of strategy attribution, the month was a mixed bag with CTAs underperforming other strategy groups, building on the losses seen in August. Equity and fixed income strategies made solid gains of[Read More…]

by 14/10/2016
Nordic hedge funds little changed in August – CTAs in the red

Nordic hedge funds little changed in August – CTAs in the red

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, was little changed in August posting a negative return of 0.08%. Year-to-date, the NHX Composite index has gained 1.89%. The Nordic hedge fund universe continued to benefit from a risk seeking environment during the month with the only strategy group showing signficant losses being CTAs. CTA strategies had[Read More…]

by 22/09/2016
Robust August for Kreditfonden

Robust August for Kreditfonden

Stockholm (HedgeNordic) – Stockholm based Kreditfonden newly joined the Nordic Hedge Index (NHX) in September 2016. The fund, Scandinavian Credit Fund I, which provides small and medium-sized enterprises with short-term direct equity loans, reported a   0.8% NAV  increase in August. Investors qualifying for these profit-sharing loans can be individuals, companies or professional investors. As most investment options in the market[Read More…]

by 02/09/2016
New funds added to the Nordic Hedge Index

New funds added to the Nordic Hedge Index

Stockholm (HedgeNordic) – Five new funds have been added to the Nordic Hedge Index during the month of August which brings the total fund universe to 158. Among the funds added, three are from new fund companies whereas two are new funds from already listed fund companies. Below a short introduction of the newly listed funds. No funds were removed[Read More…]

by 30/08/2016
Nordic Hedge Funds build on gains in July

Nordic Hedge Funds build on gains in July

Stockholm (HedgeNordic) – Nordic hedge fund performance gained momentum in July as markets recovered from the Brexit turmoil providing opportunities for equity strategies in particular. Estimates show that the NHX index, a composite of Nordic hedge funds, is up by 1.5% bringing year to date performance to +1.9% outperforming the HFRX Global Hedge Fund Index which was up by 1.45%[Read More…]

by 22/08/2016
Changes to NHX July 2016

Changes to NHX July 2016

Stockholm (HedgeNordic) – HedgeNordic undertakes great efforts to capture and reflect the entire universe of Nordic hedge funds and managers in its databases. Additional funds are added as soon as we become aware of them and / or, or when we gain access to required date and/or when the respective managers consent to be listed in the databases. Also, on[Read More…]

by 01/08/2016