NHX

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
Nordic hedge funds ignored Brexit scare

Nordic hedge funds ignored Brexit scare

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, was down slightly for the month of June, weathering the storm from the Brexit fallout, an event that sent equity markets tumbling towards month-end. Year-to-date, the NHX Composite index has gained 0.27%. Managed Futures/CTAs was by far the best performing sub-strategy adding 3.8 % to bring[Read More…]

by 20/07/2016
NHX unimpressed

NHX unimpressed

Stockholm (HedgeNordic) – What promised to be a hectic period of violent swings and turbulences post Brexit, at least for the Nordic Hedge Index (NHX) appears to have been a non event. The NHX Composite with 76% of all NAVs reported, lies dead in the water for June, unchanged to end of May numbers at an index level of 175.47. This[Read More…]

by 15/07/2016
NHX climbs into positive territory for 2016

NHX climbs into positive territory for 2016

Stockholm (HedgeNordic) – Nordic hedge funds recorded the strongest month for the year so far as the Nordic Hedge Index Composite (NHX) gained an estimated 0.7% in May 2016, bringing year-to-date performance to 0.5%. The Index is in positive territory for the first time in 2016. Disregarding CTAs, May was another good month for the Nordic Hedge Fund industry. Equity[Read More…]

by 20/06/2016
Nordic Hedge Funds remain upbeat in April

Nordic Hedge Funds remain upbeat in April

Stockholm (HedgeNordic) – Nordic hedge funds gained an estimated 0.3% in April 2016 bringing year-to-date performance to -0.2%. April was another good month for the Nordic Hedge Fund industry with fixed income strategies in particular benefiting from a continued good appetite for corporate bonds following the decision from the ECB (from the previous month) to expand its assets purchasing programme to[Read More…]

by 20/05/2016
Nordic hedge funds in recovery mode in March – CTAs weighed

Nordic hedge funds in recovery mode in March – CTAs weighed

Stockholm (HedgeNordic) Nordic hedge funds, as estimated by the NHX Composite Index, gained an estimated 0.1% in March 2016 bringing year-to-date performance to -0.6%. The month was characterized by an improved market sentiment sending risk assets and the price of oil higher. This benefited equity and fixed income strategies while hurting managed futures strategies. NHX CTA was the worst performing[Read More…]

by 24/04/2016
Nordic hedge funds gain in February – CTAs leading the pack

Nordic hedge funds gain in February – CTAs leading the pack

Stockholm (HedgeNordic) – Nordic hedge funds gained an estimated 0.3% in February 2016 bringing year-to-date performance to -0.7%. Managed Futures continued to build on its positive performance from the previous month as continued market turmoil benefited trend following strategies in particular. NHX CTA is now up close to 10% on the year, by far the strongest performer among the Nordic hedge[Read More…]

by 24/03/2016
Weak start to 2016 for Nordic hedge funds, CTA & Macro shine

Weak start to 2016 for Nordic hedge funds, CTA & Macro shine

Stockholm (HedgeNordic) – The NHX Composite lost 1.0 % in January. All sub-categories except Managed Futures (+5.0%) was in the red. NHX Equities (-2.9%), NHX Multi-Strategy (-1.5%), NHX Fund of Funds (-0.6%) and NHX Fixed Income (-0.5%). Managed Futures was the only category gaining on the month as trends in fixed income, equities and energies supported systematic momentum based strategies[Read More…]

by 18/02/2016
NHX  down in December – up for the year

NHX down in December – up for the year

Stockholm (HedgeNordic) – Nordic hedge funds lost an estimated 0.5 % in December. Year-to-date, the NHX index is in positive territory by +4.6 %. HFRX Global Hedge Fund Index in comparison dropped a painful -1,3% in December to end the year under water by -3,6% Among individual names, AAM Absoulute Return Fund was the big winner of the month gaining 13,9 %, adding[Read More…]

by 21/01/2016
Nordic hedge funds outpace international peers – again

Nordic hedge funds outpace international peers – again

Stockholm (HedgeNordic) – According to data from Hedge Fund Research (HFR), global hedge funds suffered losses in December led by energy and quantitative CTA strategies. The HFRI Fund Weighted Composite Index declined by -0.85 percent in December, ending the year down -0.85 percent, according to a press release from the index data provider. Among equity hedge funds, market neutral strategies[Read More…]

by 11/01/2016
Strong month for Nordic hedge funds

Strong month for Nordic hedge funds

Stockholm (HedgeNordic) – Nordic hedge funds gained an estimated 1.8 % in November. Year-to-date, the Nordic Hedge Index Composite Index (NHX)  is in positive territory by +5.1 %. Managed Futures and equity strategies were the best performers during the month. In the case of Managed Futures, funds benefited from strong underlying trends in currency and commodity markets and thereby recovered losses[Read More…]

by 21/12/2015
Nordic hedge funds gain in October, CTAs lagging

Nordic hedge funds gain in October, CTAs lagging

Stockholm: (HedgeNordic) – Nordic hedge funds gained an estimated 0.8 % in October on the back of an improved sentiment in risk assets. Year to date, the NHX Composite index is in positive territory; +3.1 %. Equity and multi-strategy funds were the best performers during the month where equity focused managers benefited from a strong rally in global stock markets.[Read More…]

by 19/11/2015
Wide losses for Nordic hedge funds in September

Wide losses for Nordic hedge funds in September

Stockholm (HedgeNordic) – Nordic hedge funds lost an estimated 0.5 % in September with continued market turbulence weighing on performance. Year to date, the Nordic Hedge Index (NHX) index remains in positive territory; +2.1 %. CTA strategies weathered the storm nicely during the month gaining an estimated 1.6 %. All other sub-indices posted losses with multi-strategy and fixed income funds[Read More…]

by 16/10/2015
Nordic CTAs show dispersed returns in Q3

Nordic CTAs show dispersed returns in Q3

Stockholm (HedgeNordic) – As financial markets turned increasingly volatile in the third quarter, CTAs showed resilience. The NHX CTA index gained 1.5 percent during the period, slightly underperforming global industry benchmarks. Year to date, Nordic CTAs as represented by NHX, are up 0.3 percent. Performance dispersion remained high as short term strategies continued to struggle while fundamental strategies had a[Read More…]

by 16/10/2015
Nordic hedge funds struggle in September

Nordic hedge funds struggle in September

Stockholm (HedgeNordic) – The Nordic Hedge Index (NHX) representing 150 Nordic hedge funds will have a negative month, early reporters are indicating. With 34% of managers having reported for September 2015, NHX Composite indicates being weaker by 0,4%, after it had already shed 1,6% in August – its weakest month since August 2011. The composite index is still in positive[Read More…]

by 06/10/2015
Nordic hedge funds suffer losses in August

Nordic hedge funds suffer losses in August

Stockholm (HedgeNordic) – Nordic hedge funds, as represented by the Nordic Hedge Composite Index (NHX), lost 1.7 % in August cutting year-to-date performance to +2.6 %. With over 90% of managers having reported their numbers for the month, there is high conviction behind these figures. Earlier estimates saw the NHX at an even steeper decline.  Losses were seen across all sub-strategies with equity[Read More…]

by 17/09/2015