Post Tagged with: "rsi"

Month in Review: NHX September 2017

Month in Review: NHX September 2017

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index – NHX, gained an estimated 0.7% in September (88% reported), extending their year-to-date aggregate gains to 2.3%. The five NHX sub-categories displayed mixed performance, with CTAs suffering another period of underwhelming performance due to quick reversals in several months-long trends (falling bond yields, weakening U.S. dollar and rising metal[Read More…]

by 13/10/2017
Active Fund Managers Stage a Comeback

Active Fund Managers Stage a Comeback

Stockholm (HedgeNordic) – “There will be a time soon when active managers really prove their worth to the discerning clients,” reckons Matthew Beesley, Head of Equities at Swiss asset manager GAM. The imminent end of quantitative easing and rising interest rates are anticipated to fuel the ongoing fall in stock correlations, which will likely create a better environment for active[Read More…]

by 05/10/2017
Man Group Becomes PRI Signatory at Group Level

Man Group Becomes PRI Signatory at Group Level

Stockholm (NordSIP) – Man Group announced today (September 20) that it has become a signatory to the UN Principles for Responsible Investment (PRI) across the group’s five investment branches, considerably stepping up its ESG commitment. Man GLG and Man Numeric have been signatories to the PRI since 2012 and 2014 respectively, and are now joined by Man AHL, Man FRM[Read More…]

by 22/09/2017
OE Capital bring on Nicklas Fornander

OE Capital bring on Nicklas Fornander

Stockholm (HedgeNordic) – The Swedish advisory and capital introduction company Oscarsson & Engman Capital  AB (OE Capital). OE Capital is expanding its advisory and capital introduction business with the appointment of Nicklas Fornander as Head of Sales. Nicklas Fornander will also become partner & board member in OE Capital when regulatory approval is granted. Fornander previously worked as head of institutional sales at[Read More…]

by 13/09/2017
Mixed Performance for Estlander & Partners Strategies in August

Mixed Performance for Estlander & Partners Strategies in August

Stockholm (HedgeNordic) – The family of Estlander & Partners (E&P) strategies posted mixed performance in August, with the firm’s Presto strategy topping the list of the best-performing Nordic commodity trading advisers (CTAs) in August. E&P currently manages approximately $381 million in assets under management through investment programs Estlander & Partners Freedom, Estlander & Partners Alpha Trend, and separate customized mandates.[Read More…]

by 07/09/2017
Nordkinn Fixed Income Macro Fund Discusses August Performance

Nordkinn Fixed Income Macro Fund Discusses August Performance

Stockholm (HedgeNordic) – Nordkinn Fixed Income Macro Fund, a global macro fixed income fund run by fixed income specialist Nordkinn Asset Management, retreated 0.68% in August, with the fund’s year-to-date gains diminishing to 1.93%. With North Korea stepping up military provocations and geopolitical tensions on the rise, investors channeled capital into safe haven bonds, which had a negative impact on[Read More…]

by 06/09/2017
Sector adds global macro fund and hires new team

Sector adds global macro fund and hires new team

Stockholm (HedgeNordic) – Norwegian hedge fund powerhouse Sector Asset Management is expanding its universe of investment strategies by adding a new global macro fund, according to a post on the Sector website. The fund, named “Sector Zenon”, will be managed by Kjetil Høyland and Alexander Lunde. Høyland and Lunde join from Gjensidige Forsikring where Høyland acted as CIO and head of the tactical asset allocation[Read More…]

by 30/08/2017
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
Crisis triggers – Where are the wild things?

Crisis triggers – Where are the wild things?

(Man Group: Views from the Floor): One school of thought supporting a potential leg up for the market is that there seem to be very few sell off catalysts on the horizon. Indeed with global growth expectations rising (in June the Organisation for Economic Co-operation and Development (OECD) forecast that the world economy would experience its fastest growth in six[Read More…]

by 16/08/2017
Interview: Caba Capital in fixed income hedge fund launch

Interview: Caba Capital in fixed income hedge fund launch

Caba Capital is the latest addition to the successful group of fixed income hedge fund managers that have been coming out of Denmark in recent years. Following a capital raising period which, according to the fund manager has brought in DKK 200 million in initial investments (well above the DKK 100 million that was set as target), the team started[Read More…]

by 19/07/2017
Nordic CTAs add to losses in second quarter as industry suffers

Nordic CTAs add to losses in second quarter as industry suffers

Stockholm (HedgeNordic) – Nordic CTAs continued to struggle during the second quarter 2017 as the NHX CTA Index lost another 4.1% during the period, bringing the year-to-date loss to -5.8%. This was largely in line with global industry benchmark as the SG CTA Index and the Barclay BTOP50 Index posted losses of 3.5% and 3.1% respectively. The managed futures industry[Read More…]

by 17/07/2017
Svante Bergström - Lynx

Lynx extends worst drawdown since inception following June setback

Stockholm (HedgeNordic) – Swedish CTA giant Lynx, headed by CEO and founding partner Svante Bergström (pictured), posted one of its worst monthly losses since inception in June (only 5 months have been worse according to HedgeNordic data) as the high profiled trend follower gave back 6.9%, bringing year-to-date performance to -13.2% for its flagship fund. This means that the fund is[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
Nordic Hedge Fund Asset Growth Index

Nordic Hedge Fund Asset Growth Index

Stockholm (HedgeNordic) – As of January 2017, HedgeNordic has been calculating and publishing a new index, Nordic Hedge Index – Asset Growth Index (NHX-AGI), with an attempt at representatively measuring the asset growth or decline of the Nordic hedge fund industry. Ambitious as we are, we would have liked to answer simple yet obvious questions as: “how big is the[Read More…]

by 28/06/2017
IPM Launches Feeder Fund for US Onshore Investors

IPM Launches Feeder Fund for US Onshore Investors

Stockholm (HedgeNordic) – Stockholm-based systematic investment manager Informed Portfolio Management (IPM) has launched a U.S. feeder fund that offers U.S. onshore investors efficient access to the quant firm’s main fund, the Systematic Macro Fund. The Delaware feeder fund was launched on June 1st, with the fund investing investor capital into the Cayman Islands-domiciled IPM Systematic Macro master fund that oversees[Read More…]

by 28/06/2017
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
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
Resscapital appoints Managing Director

Resscapital appoints Managing Director

Stockholm (HedgeNordic) – The board of Resscapital has appointed Gustaf Hagerud (pictured) as new Managing Director for the company, a press release states. Hagerud has over 30 years of experience in the financial industry. Prior to joining Resscapital, he worked during two years for a fund manager in London. Before his move to London, Hagerud was deputy CEO and Head of Asset[Read More…]

by 01/06/2017
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
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