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Mixed CTA May Performance Shows Few Points of Light

Mixed CTA May Performance Shows Few Points of Light

Stockholm (HedgeNordic) – The latest performance figures for the Societe Generale (SG) CTA indices are showing a flatish performance overall for CTAs in May, punching in at -0.18% for the month and -2.76% YTD, contributing to an already dismal 2017 in which the strategy has found it hard to hold head above water globally. The overall trend suggested by the[Read More…]

by 09/06/2017
CTAs more than just a tail risk hedge – Bornemann

CTAs more than just a tail risk hedge – Bornemann

Stockholm (HedgeNordic) – In a recent interview with Citywire, Hans-Olov Bornemann (pictured), who is heading the quant team behind the SEB Asset Selection Fund, explained why CTAs are more than just a tail risk hedge and that the strategy has fared well also in upward sloping markets. “CTAs do perform very well in volatile markets, or more specifically in negative[Read More…]

by 07/06/2017
Facebook most held position by hedge funds

Facebook most held position by hedge funds

Stockholm (HedgeNordic) – Facebook is the most widely held position among major global hedge funds according to the latest hedge fund ownership report from Novus, which tracks trends in international filings for over 5.000 hedge funds. According to Novus data, hedge funds had more than 5 percent of stock ownership in the social media giant translating into an underlying value[Read More…]

by 02/06/2017
IPM Systematic Approach Pays Off Amid Trump Deflation

IPM Systematic Approach Pays Off Amid Trump Deflation

Stockholm (HedgeNordic) – Deflating hopes about U.S. President Donald Trump’s reflation effect have proved highly beneficial to Swedish investment manager Informed Portfolio Management (IPM), with its Systematic Macro Fund outperforming benchmarks such as the HFRX Macro Systematic Diversified CTA Index and the NHX Nordic Hedge Fund Index amid growing doubts about U.S. President Donald Trump’s ability to achieve key aspects[Read More…]

by 30/05/2017
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
Interview: Carl Rydin – Origo Capital

Interview: Carl Rydin – Origo Capital

Stockholm (HedgeNordic) – Last week, the Swedish activist hedge fund manager Origo Capital announced the hire of Carl Rydin (pictured) as new portfolio manager. Carl, who joins from the US long/short equity hedge fund Lucerne Capital, will be added to the team of analysts behind the Origo Quest 1 fund. In an interview with HedgeNordic, Carl explains how he identifies[Read More…]

by 15/05/2017
United Bankers ups weight in Swedish property

United Bankers ups weight in Swedish property

Stockholm (HedgeNordic) – United Bankers, the Finnish asset manager  focusing on REITs funds, have through its UB Real REIT Fund increased  the weight to Swedish property shares. The Swedish market is now the  second biggest in the fund, according to the fund´s monthly commentary. The UB Real REIT Fund, which invests in listed property shares and REIT’s, has built positions[Read More…]

by 12/05/2017
Announcing the winners: Best Nordic CTA 2016

Announcing the winners: Best Nordic CTA 2016

Stockholm (HedgeNordic) – In what was a challenging year for the CTA industry overall, there were some funds clearly standing out from the crowd, significantly outperforming industry benchmarks. In the Nordic hedge fund space, both funds from IPM; Systematic Macro and Systematic Currency, had a stellar year with gains of 7.4% and 9.5% respectively which compares favourably to the NHX CTA[Read More…]

by 02/05/2017
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
UK Election Doesn’t Pre-Empt Fears of “Hard” Brexit

UK Election Doesn’t Pre-Empt Fears of “Hard” Brexit

Stockholm (HedgeNordic) – UK Prime Minister Theresa May’s decision Tuesday to call a snap General Election on June 8 is “not without risk,” according to Mike Amey, head of sterling portfolio management at PIMCO. However, the prospects of a victory for Labour and its leader Jeremy Corbyn are low, with a 20-point lead in the polls for the Conservatives who[Read More…]

by 20/04/2017
Hedge Funds Resilient As Geopolitical Risk Intensifies

Hedge Funds Resilient As Geopolitical Risk Intensifies

Stockholm (HedgeNordic) – Hedge funds are proving resilient in the face of an explosion of geopolitical risk, Lyxor writes in its latest weekly brief. With an increasingly speculative and uncertain first round of the French presidential election, the U.S. strike on Syria and tensions on the Korean peninsula, hedge funds strategies have for the most part remained positive, CTAs being[Read More…]

by 19/04/2017
Bring out the cook!

Bring out the cook!

Stockholm (HedgeNordic) – There are few pop bands I dislike more than the “Pet Shop Boys”. One line of their lyrics to „Opportunities” I find though describes how many shops in the asset management space divide the roles among their marketing teams and portfolio management: “I’ve got the brains you’ve got the looks. Let’s make lots of money.“ While working[Read More…]

by 18/04/2017
CTA returns remain muted in first quarter, Nordic managers lag

CTA returns remain muted in first quarter, Nordic managers lag

Stockholm (HedgeNordic) – The Nordic CTA industry had another lacklustre quarter in Q1 2017, lagging the SG CTA and Trend indices but outperforming an even weaker showing for the Barclay BTOP50. When the dust settled by the end of March, the NHX CTA index had lost an estimated 1,4 percent during the quarter, to be compared to a net gain[Read More…]

by 13/04/2017
Kreditbörsen Launches P2P Investor Lending Service

Kreditbörsen Launches P2P Investor Lending Service

Stockholm (HedgeNordic) – Stefan Willebrand, the former manager of a U.S.-based hedge fund, CEO of financial advisory firm Bricknode AB, and founder and chairman of Kreditbörsen, is now also the man behind a new Peer-to-Peer lending service for borrowers and investors in Sweden. Kreditbörsen’s speciality is offering borrowers a simple process for loan applications with risk-adjusted interest rates and exists[Read More…]

by 06/04/2017
“Trump Tracker” Devised To Help Managers Hedge

“Trump Tracker” Devised To Help Managers Hedge

Stockholm (HedgeNordic) – Research firm Sentieo has built a “Trump Tracker” for hedge fund managers and others wishing to stay on top of U.S. president Donald Trump’s wild and unpredictable twitter announcements. The president has shown a penchant for reacting instinctively and tweeting wild accusations and what could sometimes be interpreted as policy changes, much to the consternation of some[Read More…]

by 30/03/2017
CFA Institute: Geopolitical Risk is Back

CFA Institute: Geopolitical Risk is Back

Stockholm (HedgeNordic) – Historically, funds have diverged strongly as to the necessity of political risk assessment, depending on strategy, investment targets, geopolitical location and a host of other factors. Some, such as Sweden’s Informed Portfolio Management, see little need for it at all, considering broader calculations. Nevertheless, there are indications that views on the need to re-incorporate political risk into[Read More…]

by 17/03/2017
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
Interview: Allan Winkel Hansen – WH Index Fund

Interview: Allan Winkel Hansen – WH Index Fund

Stockholm (HedgeNordic) – As founder and CEO of Denmark’s WH Asset Management, portfolio manager of the multi-asset WH Index A/S and WH Index Growth A/S AIFs, and founder and CEO of the investment advisory company WH Invest, Allan Winkel Hansen is a busy man. Nevertheless, he took time out for an exclusive interview with HedgeNordic, in which he discusses his[Read More…]

by 01/03/2017
Interview: Sean George – Granit Global Credit Opportunity Fund

Interview: Sean George – Granit Global Credit Opportunity Fund

Stockholm (HedgeNordic) – The Swedish fund management company Granit Fonder will shortly launch a hedge fund focused on the global credit markets. The fund will go under the name Granit Global Credit Opportunity and will be managed by Sean George (pictured). In an interview with financial news agency Finwire, Sean explains what to expect from the new fund, how he[Read More…]

by 28/02/2017
Court Overrules Hedge Fund Plaintiffs in Fannie, Freddie Case

Court Overrules Hedge Fund Plaintiffs in Fannie, Freddie Case

Stockholm (HedgeNordic) – Fannie Mae and Freddie Mac shares plunged over 30% after a decision was handed down this past Tuesday by a U.S. federal appeals court that hedge funds still won’t be able to sue the U.S. government for seizing their profits following Fannie and Freddie’s post-2008 bailout. Fannie Mae shares were down 34.7% while Freddie Mac shares slid[Read More…]

by 23/02/2017