Post Tagged with: "rsi"

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
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
United Bankers ups weight in Swedish property

United Bankers ups weight in Swedish property

Stockholm (HedgeNordic) – United Bankers, the Finnish asset manager  focusing on REITs funds, have through its UB Real REIT Fund increased  the weight to Swedish property shares. The Swedish market is now the  second biggest in the fund, according to the fund´s monthly commentary. The UB Real REIT Fund, which invests in listed property shares and REIT’s, has built positions[Read More…]

by 12/05/2017
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
IPM and Aktie-Ansvar end Kvanthedge cooperation

IPM and Aktie-Ansvar end Kvanthedge cooperation

Stockholm (HedgeNordic) – IPM and Aktie-Ansvar have mutually agreed to end their cooperation regarding the management of the Graal Kvanthedge Fund, where IPM has acted as the investment manager since the fund launched in October 2010. According to a press release from IPM, their focus will instead be to distribute its IPM Systematic Macro UCITS Fund on the Swedish market. The UCITS[Read More…]

by 05/05/2017
Man GLG Expands Machine Learning Operations

Man GLG Expands Machine Learning Operations

Stockholm (HedgeNordic) Man Group has expanded its machine learning operations to its subsidiary Man GLG, the discretionary hedge fund with $28.8 billion in AUM. As previously reported by HedgeNordic, Man AHL launched the Oxford-Man Institute, a machine-learning centre last year together with Oxford University designed to share and leverage machine techniques and data analytics. In addition, Man GLG has created[Read More…]

by 01/05/2017
HEDGE FUND INDUSTRY EMPLOYS NEARLY 400,000 PEOPLE

HEDGE FUND INDUSTRY EMPLOYS NEARLY 400,000 PEOPLE

The global hedge fund industry employs close to 400,000 people, an increase of about a third since 2010, according to research by the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, and data provider Preqin. There are around 115,000 staff at hedge fund management firms worldwide and around 275,000 at businesses that provide services to hedge[Read More…]

by 01/05/2017
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
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
Pray Tell, Why Such Grandiose Names?

Pray Tell, Why Such Grandiose Names?

Stockholm (HedgeNordic) – Investors should be wary of hedge funds with grandstanding or overly serious names reflecting authority, trust and power, a recent report from Juha Joenväärä from Centre for Hedge Fund Research at the University of Oulo in Finland and colleague Christian Ioan Tiu from the University at Buffalo, have found. Upon examining 18,000 hedge funds globally managing on[Read More…]

by 21/04/2017
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
ESG Integration in Short Selling

ESG Integration in Short Selling

Stockholm (NordSIP) – Portfolio managers of Appleseed Capital, a Chicago based  asset manager, published a white paper on “ESG Integration in Short Selling.” In their foreword they write: “Short sellers are often derided as criminals, pessimists, and/or vultures; the reality is that these terms are, more often than not, more applicable in describing their targeted companies. In this analysis, we[Read More…]

by 31/03/2017
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
No Fees Upfront? New Structures Sow Further Doubts

No Fees Upfront? New Structures Sow Further Doubts

Stockholm (HedgeNordic) – There are further signs the 2-and-20 model (2 per cent management fee and 20 per cent profits) that is the standard in the hedge fund industry may be on its way out. Following a recent Preqin study (reported here) that shows hedge fund managers increasingly viewing investor demands over fees as a key driver of change for[Read More…]

by 26/03/2017
Hedge Fund Liquidations Increase, Leading To Fee Flexibility

Hedge Fund Liquidations Increase, Leading To Fee Flexibility

Stockholm (HedgeNordic) – Hedge fund liquidations totalled 1,057 for  2016, with an increase of 23 to 275 total for Q4 2016, according to the  latest Hedge Fund Research Market Microstructure Report. This brings the  number of closed funds to the highest level since 2008, even as the  hedge fund industry surpassed the symbolic USD 3 trillion mark in Q4. The total[Read More…]

by 24/03/2017
CISDM Index: Hedge Funds Up 0.83% in March

CISDM Index: Hedge Funds Up 0.83% in March

Stockholm (HedgeNordic) – According to the CISDM Equal Weighted Hedge Fund Index, hedge funds were up 0.83% in March, bringing the index to a total return of 2.22% for 2017 so far. The Index is produced by the UMass Amherst Isenberg School of Management’s Center for International Securities and Derivatives Markets (CISDM). Equity-oriented fund strategies experienced strong performances in February,[Read More…]

by 24/03/2017
Hedge funds becoming more flexible on fees

Hedge funds becoming more flexible on fees

Stockholm (HedgeNordic) – According to a recent study by industry data provider Preqin, hedge fund managers view investor demand over fees as a key driver of change this year. Preqin, which surveyed 276 hedge fund managers late last year for the poll, found that hedge fund managers are responding to high-profile redemptions and allocation changes with changes to fee structures.[Read More…]

by 23/03/2017
New Hedge Fund Influx to Iceland, Following Capital Controls Lift

New Hedge Fund Influx to Iceland, Following Capital Controls Lift

Stockholm (HedgeNordic) A throng of hedge funds has moved back into  Iceland, acquiring a $450 million (48.8 billion Icelandic kronur) stake  in Arion Bank, following the lifting of capital controls in that country  a week ago. Arion’s largest shareholder sold roughly 10% stakes to Attestor Capital  and Taconic Capital Advisors UK. Other entities affiliated with Goldman  Sachs and Och-Ziff Capital[Read More…]

by 22/03/2017