- Advertisement -
- Advertisement -

Related

Tricky May for SEB FoHF

Report: Alternative Fixed Income

- Advertisement -

Stockholm (HedgeFonder.nu) – SEB True Market Neutral Portfolio lost 0,24% in May, bringing the YTD performance for 2012 down to +0,58%. Since the funds inception in 2008, the annualised return stands at 3,7% at a volatility of 2%. HFR Equity Market Neutral index in comparison returned -1,2% in the same period at a volatility of 4,7%. True market neutrals Sharpe Ratio is calculated at a respectable 1,44 (HFR EMN -0,43).

Also for SEB´s other fund of hedgefunds May proved to be a challenging month. The dynamic manager alpha fund was down -0.32% for the month, compared to a loss of -1,55% in HFRX HF index. For the year,  Dynamic Manager Alpha is up roughly one percent, while HFRX HF index was up by 2,31%.

Since the funds inception however in 2010, it can post a compound return of +22,89%, clearly outperforming the index which lost almost 2% in the same period. SEB plans to have the fund available as a Luxembourg based UCITS vehicle as of July 1st.

The banks single manager hedegfund focusing on fixed income, SEB Hedge Fixed Income, managed to gain 0,99% in June (+1,3% YTD). The funds total assets under management was 2 140 MSEK, attracting net  inflows of  21M SEK for the month.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by a member of the HedgeNordic editorial team.

Latest Articles

Anchora Rides Nordic Tech Wave as Europe Steps Up

In a rare reversal of recent trends, European equities outpaced their U.S. peers in the first quarter of the year, offering high-conviction investors a...

Borea Adds Distribution Veteran After Topping €1 Billion

Following its acquisition by Norway’s second-largest banking partnership, Norwegian fund boutique Borea Asset Management has been expanding not only its fund range and assets...

NB’s Credit Selection: The Key to Outperformance in European High Yield

High yield investing often feels like equity investing in disguise: investors get exposure to individual company fundamentals and sector dynamics, but instead of riding...

Nordic Fund Boutiques Building Strength Through Consolidation

The Nordic asset management industry is experiencing an accelerating wave of consolidation, particularly among boutique firms, including those with roots in the hedge fund...

Hafnium Navigates Early Stress Test Following March Launch

Timing a hedge fund launch is never easy and getting it right can be make-or-break for long-term success. French-Danish duo Alexis Dubois and Victor...

Ex-Velliv PM Joins Lærernes Pension

After Danish pension provider Velliv dismissed its entire alternatives team earlier this year as part of a broader strategic shift towards passive strategies, its...

Allocator Interviews

In-Depth: Megatrends

Voices

Request for Proposal

- Advertisement -