NHX

Month In Review – March 2018

Month In Review – March 2018

Stockholm (HedgeNordic) – Nordic hedge funds as a group suffered losses in a volatile month of March, with equity-focused funds suffering the most due to increasing fears of a global trade war. Nordic hedge funds, as expressed by the Nordic Hedge Index (NHX), were down 0.6 percent in March (91 percent reported), taking the first-quarter losses to 1.2 percent. Four[Read More…]

by 17/04/2018
Nordic Equity Hedge Funds Hit by Trade War Fears

Nordic Equity Hedge Funds Hit by Trade War Fears

Stockholm (HedgeNordic) – Nordic equity hedge funds, as expressed by the NHX Equities Index, were down 1.0 percent in March (95 percent reported), partly reflecting increased volatility across equity markets caused by Donald Trump’s announcement of trade tariffs at the start of the month. Following the March performance, the NHX Equities Index is down 1.5 percent in the first quarter[Read More…]

by 12/04/2018
Recovery from February Woes Postponed for Nordic CTAs

Recovery from February Woes Postponed for Nordic CTAs

Stockholm (HedgeNordic) – The spell of bad luck continued for Nordic CTAs in March, after having suffered their worst month on record in February. Nordic trend-following CTAs, as measured by the NHX CTA Index, were down 0.6 percent in March (95 percent reported), bringing the performance for the first quarter of the year to a negative 2.4 percent. The world’s[Read More…]

by 10/04/2018
Growth in Nordic Hedge Fund Industry Slows

Growth in Nordic Hedge Fund Industry Slows

Stockholm (HedgeNordic) For just over a year now, since January 2017, HedgeNordic has been calculating and publishing the NHX asset growth Index (NHX-AGI), an index computed using an equally-weighted indexed-based compounding methodology in an attempt to representatively measure the development of the AuM of the Nordic hedge fund industry. The Nordic hedge fund universe consists of a few giants with[Read More…]

by 05/04/2018
Nordic FoHFs Outperform Peers in Difficult Market

Nordic FoHFs Outperform Peers in Difficult Market

Stockholm (HedgeNordic) – In a similar fashion to the entire hedge fund industry, Nordic funds of hedge funds suffered one of the worst months of performance in the past several years. Around two-thirds of the 23-member NHX Fund of Funds Index posted negative returns in February, with the index falling 0.9 percent last month (100 percent reported). Despite the historically[Read More…]

by 05/04/2018
Nordic Multi-Strategy Funds’ Performance Goes up in Flames

Nordic Multi-Strategy Funds’ Performance Goes up in Flames

Stockholm (HedgeNordic) – Nordic multi-strategy hedge funds, as expressed by the NHX Multi-Strategy Index, tumbled 1.0 percent in February (97 percent reported), joining the other four NHX sub-categories in posting losses for the month. Roughly four-fifths of the 33 members included in the NHX Multi-Strategy Index ended the month in the red, with the index falling 0.4 percent in the[Read More…]

by 22/03/2018
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 CTAs Suffer Worst Month on Record

Nordic CTAs Suffer Worst Month on Record

Stockholm (HedgeNordic) – After having enjoyed a strong start to 2018, Nordic CTAs, as measured by the NHX CTA Index, experienced their worst month on record in February. The NHX CTA was down 4.9 percent last month (100 percent reported), as trends broke across all sectors except for fixed income. This NHX sub-category is down 1.8 percent year to date.[Read More…]

by 15/03/2018
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
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
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
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
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
Nordic CTAs Hungover After Stellar January

Nordic CTAs Hungover After Stellar January

Stockholm (HedgeNordic) – Nordic CTAs, as measured by the NHX CTA Index, enjoyed an exceptionally strong start to 2018, gaining 3.8% on average in January (86% reported) as market trendiness accelerated in various sectors. This was the largest monthly gain for the NHX CTA Index since January 2015. Much of these gains have apparently evaporated in early February, however, as[Read More…]

by 09/02/2018
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
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
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
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