- Advertisement -

Related

QQM reach new all time high in turbulent January

- Advertisement -

Stockholm (HedgeNordic) – Swedish market neutral manager QQM recorded a 1.3 percent gain in its QQM Equity Hedge program in January, thereby adding to a solid 5,2 percent gain in December which brought the year to date numbers for 2015 to + 8.1 percent. The program is now at a new all time high.

The positive performance number should be viewed in the light of a very turbulent month in financial markets where European stock indices, at their lows, were down between 10-15 percent.

In a comment to HedgeNordic, portfolio manager Ola Björkmo (pictured left) says:

“We had a relatively smooth month where the fund, by mid-month, was up +0.7 percent. From there we added another 60 basis points to end the month up 1.25 percent. Our best market was France, but we also made solid gains from exposures in Switzerland, Sweden and the Netherlands. On sector level, materials and banks were the strongest contributors to the positive result. The reporting season has so far been calm, working in favour of the fund’s positioning.”

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

AIX Dynamic: Long-Term Megatrends, Dynamic Exposure

Sweden’s AP7 Equity Fund, the default option for pension savers who do not make an active fund choice, has proven to be a rewarding...

Nordic CTAs Ride Bond Selloff to Another Strong Month

After a strong August, the NHX CTA Index enjoyed another successful month in September, driven primarily by gains in fixed income amid an intensifying global...

Historic Small-Cap Discount Offers Long-Term Opportunity, Not a Timing Signal

Small caps are trading at a historically wide valuation discount to large caps, creating a potentially attractive long-term opportunity even as the valuation gap...

Europe’s Sovereignty Push Could Benefit Small & Mid-Caps

European small and mid-cap equities are entering a potentially more constructive phase as Europe’s push for economic and strategic sovereignty coincides with improving domestic...

Taiga’s Long/Short Playbook for Nordic Small Caps

A first-time investor looking at the roughly 6 percent cumulative return from Nordic equities over the past two years could be forgiven for looking...

AI Has Changed the Small-Cap Equation

The AI-driven rally in mega-cap stocks has widened the performance gap between large and small caps, leaving smaller companies trailing across global equity markets....

Allocator Interviews

- Advertisement -

Voices

Request for Proposal

- Advertisement -