Post Tagged with: "Brexit"

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
Michael Petry

Danske Invest FI’s Petry: Peril and Promise in 2017

Stockholm (HedgeNordic) – Michael Petry (pictured), chief portfolio manager at Danske Bank’s flagship hedge fund Danske Invest Hedge Fixed Income Strategies, which has $1.15 billion in AUM recently conducted a wide-ranging interview with Barron’s in which he reveals his forecasts for bond markets in 2017. The most pressing issues facing global bond investors will be navigating markets impacted by the[Read More…]

by 01/12/2016
Nordic hedge fund managers comment on US election

Nordic hedge fund managers comment on US election

Stockholm (HedgeNordic) – The American people have spoken and voted Donald Trump into the White House as their 45th President (elect). This decision came as a surprise, overturning earlier predictions which had Senator Clinton on the books as a safe bet. There you go! HedgeNordic invited Nordic hedge fund managers to submit views and comments on the US election and[Read More…]

by 10/11/2016
“Maybe it’ll be OK” – Reactions to Shock Trump Win

“Maybe it’ll be OK” – Reactions to Shock Trump Win

  Stockholm (HedgeNordic) – Donald Trump proved Tuesday he and his operation have been massively underestimated, polls being proved almost uniformly wrong and markets panicking accordingly. Indeed, it seemed a replay of Brexit, with prediction markets going south due to an increasingly unreliable trust in public institutions and forecasts. Nevertheless, the reality is that Donald J. Trump will be the[Read More…]

by 10/11/2016
Nordea Alpha 15 takes the lead

Nordea Alpha 15 takes the lead

Stockholm (HedgeNordic) –  2016 is proving to be a challenging year for the hedge fund space to generate returns. The Nordic Hedge Index (NHX), up by 2.1% by end September, on track for its weakest year since 2011, when the Index lost ground and was down by 2.6%. Disregarding the only two negative yielding years, 2011 and 2008, the weakest[Read More…]

by 04/11/2016
With Trump, Conventional Assumptions Out the Window

With Trump, Conventional Assumptions Out the Window

Stockholm (HedgeNordic) – “If Trump wins the U.S. presidential elections, it will definitely have an impact on monetary policy. With Hillary Clinton, it would be business as usual. With Trump, it’s totally different.” So says Risto Murto, CEO of Finland’s Varma Mutual Pension Insurance Co., which oversees $46 billion, in a recent interview with Bloomberg. As with all things Trump,[Read More…]

by 22/08/2016
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
Hedge fund assets slip below 3TRN USD mark

Hedge fund assets slip below 3TRN USD mark

June 2016 goes down as the weakest of “the Junes” since eVestment began tracking monthly flows in 2009. According to eVestment’s latest  Hedge Fund Industry Asset Flow Report, investors redeemed a net USD20.70 billion from hedge funds in June 2016. With that number, net flows for the second quarter clock in negative USD10.68 billion and negative by USD27.95 billion for the first[Read More…]

by 04/08/2016
Brexit drove inflows into ETFs in June – Thomson Reuters Lipper

Brexit drove inflows into ETFs in June – Thomson Reuters Lipper

The latest European ETF Market Review from Thomson Reuters Lipper shows that despite the increased volatility prior to the “Brexit” voting in the United Kingdom, the promoters of exchange-traded funds (ETFs) enjoyed net inflows for June. Nevertheless, the assets under management in the European ETF industry declined during June to €453.6 bn, compared to €455.5 bn in May.Further insight and analysis[Read More…]

by 26/07/2016
Pareto Funds Drop in June; Outlook Remains Optimistic

Pareto Funds Drop in June; Outlook Remains Optimistic

Stockholm (HedgeNordic) – Norwegian Pareto Asset Management experienced a setback for its both funds in June, albeit in line with macroeconomic expectations. Pareto’s Nordic Alpha plc fund dropped -3.15%, while its Nordic Omega plc fund dropped -3.06%. These figures were by comparison to a -3.0% fall in the OSEFX index, a fall of -3.4% in the MSCI N* index and[Read More…]

by 21/07/2016
IPM Funds Weather Brexit Storm in June

IPM Funds Weather Brexit Storm in June

Stockholm (HedgeNordic) – Sweden’s Informed Portfolio Management (IPM) reported its Systematic Currency Fund was up 6.8% (+16.7% YTD) in June, while its Systematic Macro Fund was down -0.5% (+10.4% YTD). These results were by comparison to a depreciation of -1.1% on the MSCI World index, an appreciation of 2.4% on the Citi WGBI index, and a slight dip of 0.15%[Read More…]

by 21/07/2016
Solidar’s Slow and Steady June

Solidar’s Slow and Steady June

Stockholm (HedgeNordic) – Solidar SmartBeta Trend fund reported an increase of 0.44% for June, a stable development for the fund amid wider stock market upheaval in the wake of Brexit. The increase was by comparison to a fall of -3.3% on the Swedish Stock Exchange and a dead flat 0.03% movement in the NHX composite for the month. The Solidar[Read More…]

by 18/07/2016
Brexit illustrates diversification benefits of CTAs Lyxor claims

Brexit illustrates diversification benefits of CTAs Lyxor claims

Stockholm (HedgeNordic) – The strong returns and decorrelated performance characteristics of CTAs post Brexit show the diversification benefits of trend following strategies, according to a recent expert opinion from Lyxor’s Guillaume Jamet, principal portfolio manager of the Lyxor Epsilon Programme. Jamet says that the environment for trend following strategies has been mixed in the second quarter which is illustrated by[Read More…]

by 15/07/2016
Alternative risk premia weathering Brexit storm well

Alternative risk premia weathering Brexit storm well

Dr Lars Jaeger, head of quantitative research in GAM’s Alternative Investments Solution (AIS) team, comments on how the growing alternative risk premia industry has delivered strong performance in the uncertain Brexit environment – proving once again its strong diversification and market neutral properties. Against the volatile Brexit backdrop, many alternative risk premia products have performed very well, with gains between 1.5%[Read More…]

by 15/07/2016
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
Taiga On Track for Q3

Taiga On Track for Q3

Stockholm (HedgeNordic) – The Taiga Fund, the Norwegian long-biased equity, open-ended and concentrated investment fund, reported a minor rise of 0.32% for June, by comparison to an estimated level appreciation of 0.0% (so far) for June 2016 on the NHX composite. The fund, organized as a sub-fund under Taiga Investment Funds Plc in Ireland, stated in its Q2 Investment letter[Read More…]

by 15/07/2016
Gunnar Wiljander and Mikael Spångberg of Nektar Asset Management with Kamran Ghalitschi of HedgeNordic

Minor gains in May for Nektar

Stockholm (NordicHedge) – May showed a minor gain for Brummer & Partners´ macro fund, Nektar. The fund ended the month up by +0,29%, but is still in negative territory for the full year by -1.24%. The Nordic Hedge Index (NHX) is estimated to advance 0,66% in May to stand at 0.56% year-to-date. Positive contributions for Nektar in May came from fixed[Read More…]

by 20/06/2016