Post Tagged with: "risk"

 Man Group names  Desmyter Head of Responsible Investment 

 Man Group names Desmyter Head of Responsible Investment 

Man Group today announced the appointment of Steven Desmyter (pictured) as Head of Responsible Investment and Chair of Man Group’s Responsible Investment Committee. This position recognises his instrumental role in developing and driving forward the firm’s responsible investment capabilities, in support of clients’ needs. Steven, who is member of Man Group’s Executive Committee and Head of Sales across EMEA, will[Read More…]

by 20/06/2017
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
Hedge Funds Hold On in May – Barely

Hedge Funds Hold On in May – Barely

Stockholm (HedgeNordic) – Hedge Funds returned +0.26% in May, according to the Preqin All-Strategies Hedge Fund benchmark, marking the seventh consecutive month of positive returns. This was by comparison to a marginal -0.06% on the Nordic Hedge Index NHX Composite (85% reporting). “Hedge fund performance has continued to make ground in May, despite some concerns about slowing growth in the[Read More…]

by 16/06/2017
What Professional Poker Players Bring To The Hedge Fund Industry

What Professional Poker Players Bring To The Hedge Fund Industry

Stockholm (HedgeNordic) – In the eyes of many, trading is viewed as a fancy label for pure gambling. Indeed, most players within the financial community surely feel dishonored when they are named “gamblers” instead of “traders.” During a brief stint at a day-trading proprietary trading firm, I came to the realization that no one in the office was inclined to[Read More…]

by 14/06/2017
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
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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
New Adrigo L/S Fund Nabs Origo’s Östlin

New Adrigo L/S Fund Nabs Origo’s Östlin

Stockholm (HedgeNordic) – Staffan Östlin, now former Portfolio Manager of the Swedish long/short equity hedge fund Origo Quest 1 , will henceforth act as PM of the soon-to-be launched hedge fund Adrigo Small & Mid Cap L/S from Adrigo Hedge, the division managed by Adrigo Asset Management. Following ten successful years culminating in AUM approaching the SEK 3 billion mark, Adrigo[Read More…]

by 06/06/2017
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
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
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
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
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
Hedge Funds Recover As France Prospects Improve

Hedge Funds Recover As France Prospects Improve

Stockholm (HedgeNordic) – All hedge fund strategies were up the past week, according to Lyxor Asset Management’s research team, due to the upside captured as a function of protective layers implemented by European funds in anticipation of a potentially disastrous presidential election in France, a concern that has partially abated following its first round. Special situations (perhaps expectedly) outperformed, with[Read More…]

by 04/05/2017
Ress Life Investments posts record month

Ress Life Investments posts record month

Stockholm (HedgeNordic) – The net asset value for Ress Life Investments A/S increased by 5.12% during March, the best single month for the fund since inception in 2011. The fund was also among the top performing Nordic hedge funds during the month. The main contributing factor to the strong portfolio performance was several insurance policies maturing. “Maturities occur as expected,[Read More…]

by 25/04/2017
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
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
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
Hedge Funds Anticipating French Elections Differently

Hedge Funds Anticipating French Elections Differently

Stockholm (HedgeNordic) – Hedge funds are displaying incongruent stances ahead of the first round of the French presidential elections in two weeks, according to Lyxor’s latest weekly brief. Following the electoral surprises of 2016 and an unpredictable race that has just been shaken up by an insurgent challenge from the far left, strategies are having different reactions. Global Macro funds[Read More…]

by 13/04/2017