Post Tagged with: "Alpha"

Nordic CTAs recover in July, trend followers in bad international company on year

Nordic CTAs recover in July, trend followers in bad international company on year

Stockholm (HedgeNordic) – Nordic CTAs, as measured by the Nordic Hedge CTA Index (NHX CTA), gained 2.37 percent in July and thereby recovered from recent losses. Year-to-date, the index is still in firm negative territory with losses mounting to 3.64%. In July, the best performing manager was the Alfa Axiom Fund from Alfakraft, with gains of 8,3 percent, closely followed[Read More…]

by 17/08/2017
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
coins, growing, escalate,

J.P. Morgan Set to Launch Hedge Fund ETFs in Europe

Stockholm (HedgeNordic) – J.P. Morgan Asset Management is preparing to launch a set of hedge fund exchange-traded funds for the private client and retail market in the UK and Europe in an attempt to “democratize” hedge fund investing. Hedge fund ETFs employ a wide range of strategies used by hedge fund managers, including long/short, managed futures and market neutral, among[Read More…]

by 06/07/2017
Handsome Payoff For Asgard Low Risk Approach

Handsome Payoff For Asgard Low Risk Approach

Stockholm (HedgeNordic) – With +19% returns in the past year, Asgard’s Fixed Income EUR 600 million Fund must be doing something right. The key lies in the fund’s preference for the safest bonds, instead of riskier ones, with a dollop of leverage on top. The Copenhagen-based fund’s investment policy is based on a top-down approach that follows a disciplined investment[Read More…]

by 16/06/2017
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
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
Granit Recruits AP4’s Ulf Erlandsson In FI Expansion

Granit Recruits AP4’s Ulf Erlandsson In FI Expansion

Stockholm (HedgeNordic) – Granit Fonder, the Swedish fund management company, has recruited Ulf Erlandsson (pictured) from the Fourth Swedish National Pension Fund (AP4) to set up a new hedge fund later this year, according to a press release on Granit’s website. The fund will focus on climate change and green bonds, with Dr Erlandsson starting his new position as Head of[Read More…]

by 16/05/2017
Granit In Imminent ESG-Themed Hedge Fund Launch

Granit In Imminent ESG-Themed Hedge Fund Launch

Stockholm (NordSIP) – Granit Fonder, the Swedish fund management company, has recruited Ulf Erlandsson from the Fourth Swedish National Pension Fund (AP4) to set up a new hedge fund later this year, according to a press release on Granit’s website. The fund will focus on climate change and green bonds, with Dr Erlandsson starting his new position as Head of[Read More…]

by 16/05/2017
Winners 2016 Nordic Hedge Award

Winners 2016 Nordic Hedge Award

Stockholm (HedgeNordic) – Yesterday, April 26th 2017 the best Nordic hedge funds were distinguished for their performance during 2016 at the Nordic Hedge Award. It was the fifth year HedgeNordic in collaboration with the Stockholm School of Economics and Swedish House of Finance and support of a jury board determined this ranking. The winners  of the 2016 Nordic Hedge Awards[Read More…]

by 27/04/2017
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
Ericsson Pensionsstiftelse Adds Long-Only Managers

Ericsson Pensionsstiftelse Adds Long-Only Managers

Stockholm (HedgeNordic) –  Ericsson Pensionsstiftelse (EPS), a Stockholm-based SEK 21 billion ($2.3 billion) pension fund covering Ericsson employees, is breaking with its strategy of the past five years and is adding active long-only managers to its equity allocation, an exposé of the fund’s current strategy by Sarah Rundell in top1000funds.com reveals. “We haven’t used long-only managers in equity recently because[Read More…]

by 21/04/2017
Pray Tell, Why Such Grandiose Names?

Pray Tell, Why Such Grandiose Names?

Stockholm (HedgeNordic) – Investors should be wary of hedge funds with grandstanding or overly serious names reflecting authority, trust and power, a recent report from Juha Joenväärä from Centre for Hedge Fund Research at the University of Oulo in Finland and colleague Christian Ioan Tiu from the University at Buffalo, have found. Upon examining 18,000 hedge funds globally managing on[Read More…]

by 21/04/2017
Nordic hedge funds nominated for performance awards

Nordic hedge funds nominated for performance awards

Stockholm (HedgeNordic) – A number of high profiled Nordic hedge funds have been short listed for this year´s European Hedge Fund Performance Awards, hosted by HFMWeek. A summary of the Nordic contestants is to be found below. The winners will be announced in London on April 27.   Credit long term performance 5 years: Capital Four Credit Opportunities Fund Event[Read More…]

by 29/03/2017
Lyxor sees Strong March for Hedge Funds

Lyxor sees Strong March for Hedge Funds

Stockholm (HedgeNordic) – The Lyxor Hedge Fund Index was up 0.8% last week, having delivered 1% in February. Combined with the Lyxor Global Macro Index being up 1.3% for the first week of March, this indicates a strong start to the month of March for hedge funds, with all strategies ending last week in positive territory, save for a slight[Read More…]

by 12/03/2017
Playing sustainability from the long and the short side

Playing sustainability from the long and the short side

 Stockholm (NordSIP) – In May of 2016, Swedish hedge fund shop Atlant Fonder launched a new hedge fund investing only in equities and corporate bonds with a sustainable profile. Through shorting the Eurostoxx50 and using short delta option strategies against these holdings, the fund aims to be market neutral. In essence, this translates into a fund that goes long of sustainable[Read More…]

by 02/03/2017
Man GLG Launches Innovation Equity Alternative Fund

Man GLG Launches Innovation Equity Alternative Fund

Stockholm (HedgeNordic) – Man GLG, Man Group’s discretionary investment management business, has announced the launch of Man GLG Innovation Equity Alternative, a global long-short fund. The new fund, which will be managed by Priya Kodeeswaran, will be available in UCITS format and will focus on opportunities in companies or sectors experiencing change. Mr Kodeeswaran has more than 20 years of[Read More…]

by 07/02/2017
2017: The Year of Smaller Hedge Fund Managers

2017: The Year of Smaller Hedge Fund Managers

Stockholm (HedgeNordic) – Smaller hedge fund managers will continue to outperform larger funds in 2017, predicts Don Steinbrugge, Managing partner of Agecroft partners. This, he says, follows a trend stretching through November 2016, and is demonstrated by the HFRI Fund weighted composite, which was up 4.54% against the HFRI dollar weighted composite gain of 1.90% in November YTD. Because of[Read More…]

by 05/01/2017
Lyxor Weekly Brief

Lyxor Weekly Brief

It would be an understatement to say that active investing has been challenged in 2016. Political risks loomed large and the switch from deflation fears to reflation hopes in H2 led to sizeable trend reversals across the board. This took most investors by surprise. Hedge funds underperformed global equity and bond indices in 2016, while active mutual funds failed to[Read More…]

by 03/01/2017
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