Visio Allocator builds on momentum

Stockholm (HedgeNordic)  Visio Allocator Fund, managed by Finnish based Visio Asset Management, had another good month in November with a 3 percent gain, that adds to the 3.7 percent made in October. The fund has thereby quickly recovered from the losses experienced in August and September and closes in on an all-time-high, up 16,4% YTD. Nordic Hedge Index (NHX) Multi Strategy sub Index returned 1,5% in November and stands at +4,7% year-to date.

According to the manager´s monthly comments, the best performing positions during the month were in high dividend yield stocks, small cap value stocks and cyclical companies. The worst performing sectors were in index hedges and short book. During the month, the manager closed positions in AztraZeneca, Autoliv and ABB while buying into Brenntag Imperial Tobacco.

Visio Allocator Fund was nominated and took prizes as runner up at the Nordic Hedge Award for its performance in 2013 and 2014 in the category “Best Nordic Multi Strategy Hedge Fund.”

 

Picture: (c) everything-possible—shutterstock.com

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About Author

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

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