Post Tagged with: "Fixed Income"

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
Storm Bond Fund Steady Through Cool May

Storm Bond Fund Steady Through Cool May

Stockholm (HedgeNordic) Storm Bond Fund, the Norwegian High Yield Fixed income fund managed by Storm Capital Management Ltd. with a primordial focus on Nordic bond markets, continues its strong winning streak despite a muted (by its recent standards) +0.6% return in May, turning in +10.7% returns YTD. This was by comparison with +0.59% returns in the NHX Nordic Fixed Income[Read More…]

by 09/06/2017
shutterstock_Nagy-Bagoly-Arpad-72753016

Pacific Fonder’s Absolute Return Funds Turn Around Performance in May

Pacific Fonder AB’s two absolute return funds – Pacific Absolute Return and Pacific Precious – finally put an end to a two-month stretch of negative performance, bringing their year-to-date return to 3.91% and 4.02%, respectively. The investment firm’s three mutual funds did not disappoint either, though the Pacific Extraordinary Brands – the fund focusing on the luxury goods sector –[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
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
Nykredit MIRA Hedges Danish Callable Bonds Market

Nykredit MIRA Hedges Danish Callable Bonds Market

Stockholm (HedgeNordic) – Nykredit MIRA, the $250 million hedge fund of Nykredit Realkredit A/S, Denmark’s biggest mortgage lender, is a relative value fund investing in fixed income with a focus on Danish mortgage bonds. The objective of the fund is to generate high absolute return using trading strategies that include leverage, short selling and derivatives. According to a profile by Bloomberg,[Read More…]

by 19/05/2017
GAMMA Appoints Co-Investment Advisor Amid Stellar Returns

GAMMA Appoints Co-Investment Advisor Amid Stellar Returns

Stockholm (HedgeNordic) – Economist Hafsteinn Hauksson has been appointed co-investment advisor of Gamma Icelandic Macro Fund and Gamma Icelandic Opportunity Fund, the two hedge funds run by Icelandic wealth manager Gamma Capital Management. Mr Hauksson, who already works out of GCM’s London office since early this year, will assist Gisli Hauksson, Gamma chairman and London CEO, in managing the fund’s[Read More…]

by 17/05/2017
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
Varma Continues Hedge Fund Allocations Unabated

Varma Continues Hedge Fund Allocations Unabated

Stockholm (HedgeNordic) – An in-depth feature in the May issue of the Investment & Pensions Europe magazine highlights Varma, the largest private pension insurance company in Finland with €43 billion in AUM, and its continuing dedication to being a hedge fund allocator, despite the widening gulf between pension funds and hedge funds elsewhere in the Nordics in recent years. According[Read More…]

by 05/05/2017
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
Michael Petry

Danske’s Petry Given New Portfolio

Stockholm (HedgeNordic) – Michael Petry, chief portfolio manager at Danske Bank’s flagship hedge fund Danske Invest Hedge Fixed Income Strategies, has been named the new lead manager of the Luxembourg-domiciled Danske Invest Sicav – Europe Absolute fund, according to information obtained by CitywireSelector.com. The Danske Invest Sicav – Europe Absolute fund returned 6.5% in euro terms on a three-year total[Read More…]

by 17/04/2017
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
George: U.S. Reflation Risk Amid Market “Greed Phase”

George: U.S. Reflation Risk Amid Market “Greed Phase”

Stockholm (HedgeNordic) “It’s time to step on the brakes a bit. I may not pull the hand brake, but gear down a bit,” Sean George (pictured), head of fixed income and partner at Granit Fonder AB, told Bloomberg with regards to the current market that, he says, is “priced for perfection.” Mr George characterized the market as being in a[Read More…]

by 15/03/2017
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
Hedge funds gain in February fuelled by CTAs and Event Driven

Hedge funds gain in February fuelled by CTAs and Event Driven

Stockholm (HedgeNordic) – Hedge funds had a positive month in February. According to French asset manager Lyxor, the industry (as measured by the Lyxor Hedge Fund Index) gained 1 percent on the month with 8 out of 10 sub-indices showing positive contributions. CTA strategies was the single strongest outperformer thanks to substantial long positions in equity markets. These positions were largely[Read More…]

by 10/03/2017
Danske Named Best Fixed Income HF By Hedgeweek

Danske Named Best Fixed Income HF By Hedgeweek

  Stockholm (HedgeNordic) – Danske Capital took home the award for Best Fixed Income Credit Strategy Hedge Fund at the Hedgeweek Global Awards 2017, held last week (March 3) in London. Danske’s Fixed Income Strategy objective is to generate attractive absolute returns by investing primarily in the Scandinavian and European fixed income markets. Value is created mainly through relative/value and[Read More…]

by 07/03/2017