Post Tagged with: "HedgeNordic"

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
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
April Turnaround For Alchemy

April Turnaround For Alchemy

Stockholm (HedgeNordic) – Alchemy Trading, the Norwegian Nordic Long/Short Equity Fund with a Scandinavian listed equities mandate, enjoyed returns of 3.4% in committed capital for the month of April, up from a -2.30% deficit in March and marking the reversal of a difficult start to 2017, leaving it -2.10% YTD. This is by comparison to a 0.57% rise for April so[Read More…]

by 09/05/2017
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
Ambrosia Anticipates Shift in Riksbank Inflation Policy

Ambrosia Anticipates Shift in Riksbank Inflation Policy

Stockholm (HedgeNordic) – Ambrosia, the Swedish multi-strategy hedge fund incepted in March 2016 with SEK 2.6 billion ($290 million) in AUM, is anticipating a shift in Riksbank (Swedish Central Bank) policy following a current round of wage talks that could see it abandoning its long-standing focus on inflation. Trade unions and employers in the industrial sector agreed on annual wage[Read More…]

by 13/04/2017
Preqin: Hedge Funds’ “Strongest Performance in Recent Years”

Preqin: Hedge Funds’ “Strongest Performance in Recent Years”

Stockholm (HedgeNordic) – Following 11 months of positive gains, the Preqin All-Strategies Hedge Fund Benchmark posted a 1.18% return for February, building further on the 1.43% gain in January. Losses on the index were last incurred last February (2016). Performance YTD has risen to 13.63%, the highest level since May 2013. Event-driven strategies (+1.46%) and equity strategies (1.54%) posted the[Read More…]

by 17/03/2017
Nominations 2016 Nordic Hedge Award

Nominations 2016 Nordic Hedge Award

Stockholm (HedgeNordic) – We are happy to announce the funds nominated for the 2016 Nordic Hedge Award. The organizer ranked all funds eligible for nomination according to a calculation model co-developed with Stockholm School of Economics based on data drawn from the Nordic Hedge Index. This model  translates the funds´ results into points earned for various achievement. Points are awarded for absolute[Read More…]

by 10/03/2017
The Simple Reason Hedge Funds Are Crowding

The Simple Reason Hedge Funds Are Crowding

Much of Novus´work involves calculating the risk of crowded trades for hedge funds and their investors. But why is crowding on the rise? Especially in US equities, the answer is simple: there are less stocks and more hedge fund managers than ever before. The following chart tracks the number of hedge funds against the number of publicly traded stocks. The[Read More…]

by 10/03/2017
Nordic Power Investment Companies Quintuple Average 2016 Returns

Nordic Power Investment Companies Quintuple Average 2016 Returns

Stockholm (HedgeNordic) Denmark’s Nordic Power Trading and Sweden’s Shepherd Energy Portfolio had returns of 15% and 14% for 2016 respectively, over five times the 2.5% average gain in the global hedge fund industry according to Hedge Fund Research Inc., Bloomberg reported. The Nordic electricity investment companies benefited from a 71% spike in Nordic power prices between September and November due[Read More…]

by 03/02/2017
Despite Hedge Fund AuM Growth, New Launches Decline

Despite Hedge Fund AuM Growth, New Launches Decline

Stockholm (HedgeNordic) – Representing the lowest level since 2009, Q3 2016 saw a paltry 170 new hedge fund launches, down from 200 in Q2 and 269 in Q3 2015. This is despite surprisingly steady gains following the Brexit vote and the U.S. presidential election, according to the most recent HFR Market Microstructure report. The decrease marks the fourth consecutive quarter[Read More…]

by 21/12/2016
Special Report: Emerging & Frontier Markets

Special Report: Emerging & Frontier Markets

Stockholm (HedgeNordic) – In its  special industry report on Emerging Markets & Frontier Markets, HedgeNordic looks at the broad currents enveloping the asset class and takes a deep dive into many of the respective markets through wide-ranging interviews with industry professionals. Following a year of considerable gain, the asset class has been rocked by the election of Donald Trump, but perspectives[Read More…]

by 15/12/2016
The Increasing Allure of Alternative UCITS

The Increasing Allure of Alternative UCITS

Stockholm (HedgeNordic) – With continuing positive inflows, Alternative UCITS are proving an appealing option to investors looking to diversify investment, particularly in the looming shadow of a likely rising interest rate environment and its effect on fixed income portfolios. Following years of investors piling into fixed income at low or zero interest rates, the election of Donald Trump and an[Read More…]

by 01/12/2016
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
Two new launches reviewing NHX-Iceland subindex

Two new launches reviewing NHX-Iceland subindex

Stockholm (HedgeNordic) – Two new fund launches put Iceland back on the map of the Nordic hedge fund universe. The last Icelandic constituent, Verto Recovery Fund, closed its doors nearly three years ago.  The new additions to the NHX, which are run by Gamma Capital Management, are designed to “capture the idiosyncratic nature of the Icelandic economy.” Gamma Icelandic Opportunity[Read More…]

by 25/11/2016
Well-Positioned, Rhenman Sees Upside to Trump Victory

Well-Positioned, Rhenman Sees Upside to Trump Victory

Stockholm (HedgeNordic) Henrik Rhenman, PM of Rhenman Healthcare Equity L/S, is among the industry professionals who see an upside in the victory of US president-elect Donald Trump. Rhenman Healthcare Equity Fund, which is a fund investing in a global portfolio of equities, equity related derivatives, equity index derivatives and other equity instruments, including but not limited to swaps, convertibles and[Read More…]

by 15/11/2016
Hedge Funds’ Cold October Dip

Hedge Funds’ Cold October Dip

Stockholm (HedgeNordic) – eVestment, the leading provider of institutional investment analytics, intelligence and data worldwide, has announced its findings for the month of October in its most recent hedge fund industry report. The average hedge fund industry performance globally was -0.76% in October, with +3.70% YTD. October was the first aggregate decline for the hedge fund industry since the beginning[Read More…]

by 15/11/2016
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
Hedge Funds Make (Slow) Progress Towards Gender Equality

Hedge Funds Make (Slow) Progress Towards Gender Equality

Stockholm (HedgeNordic) – According to a recent international analysis by DHR international, the global executive search firm, women now represent 12% (1 in 8) of partners at hedge funds, private equity firms and other investment partnerships, up from 10% the two previous years. The data, provided by the Financial Conduct Authority, shows that out of 3,509 partners at regulated firms[Read More…]

by 08/11/2016
Final Call: Polls Point To Clinton Market Favourite

Final Call: Polls Point To Clinton Market Favourite

  Stockholm (HedgeNordic) – With the final round of polling putting Hillary Clinton on average 3-4 points ahead of Donald Trump nationally in the U.S. presidential race, markets are increasingly confident of having long priced in a victory for Mrs Clinton. By comparison, the 2012 presidential race showed Mitt Romney within 1-2 points of President Obama in the final days,[Read More…]

by 08/11/2016
Clinton Leads in Hedge Fund Contributions  

Clinton Leads in Hedge Fund Contributions  

Stockholm (HedgeNordic) – A week out from the 2016 election, U.S. hedge fund managers are still faced with a set of conflicting imperatives for how they hedge their bets. “You have one person with questionable judgment and the other person may be demented, narcissistic and a scumbag,” says Appaloosa Management’s David Tepper, the CEO of the $19 billion hedge fund[Read More…]

by 02/11/2016