- Advertisement -
- Advertisement -

Related

Nordic CTAs show dispersed returns in Q3

Powering Hedge Funds

Stockholm (HedgeNordic) – As financial markets turned increasingly volatile in the third quarter, CTAs showed resilience. The NHX CTA index gained 1.5 percent during the period, slightly underperforming global industry benchmarks. Year to date, Nordic CTAs as represented by NHX, are up 0.3 percent.

Performance dispersion remained high as short term strategies continued to struggle while fundamental strategies had a solid month.

Among the large names, Lynx lost 1 percent during the quarter, with steep losses seen in August. SEB Asset Selection, on the other hand, gained 1.8 percent. Among the strongest performers were IPM Systematic Currency and Estlander Alpha Trend with gains of 7.4 percent and 6.7 percent respectively.

On the year, MG Commodity is by far the strongest performer, especially when adjusting for risk (see table 2 where all managers are adjusted to the average volatility level of Nordic CTAs).

table1_2
table2_2

Bild: (c) Minerva-Studio—shutterstock.com

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

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

Rhenman & Partners Strengthens Board With Former PP Pension CEO

Healthcare-focused boutique Rhenman & Partners has strengthened its board of directors with the appointment of Kjell Norling, former CEO of occupational pension fund PP...

From Market Neutral to Long-Biased: Coeli Energy Opportunities at Three Years

After years of running energy-focused market-neutral strategies, portfolio managers Vidar Kalvoy and Joel Etzler pivoted to a long-biased long/short approach in early 2023 with...

January’s Volatile Path to Strong CTA Returns

In January, the NHX CTA Index generated strong performance, mainly due to profits in precious metals, despite a major market reversal at month-end. Performance...

Lynx Catches Trends Across All Asset Classes in January

January proved to be one of the strongest months in years for trend-following CTAs, a favorable backdrop that also benefited Lynx Asset Management’s trend-following...

Coda Posts Strong January Despite Violent Precious-Metals Sell-Off

Last year’s second-best performing Nordic hedge fund, Coda Global Opportunities, began 2026 with a strong 10.4 percent return in January, despite suffering a sharp...

Short Alpha Drives Brummer Multi-Strategy’s 2025 Performance

Brummer Multi-Strategy delivered a solid performance in 2025, supported by a sustained run of positive monthly returns from the beginning of the summer that...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.