New Category for Nordic Hedge Award: Rookie of the Year

Stockholm (HedgeNordic) – For the 2015 Nordic Hedge Award, one new category will be introduced and one will be ammended. The HedgeNordic Performance Award had in the past been handed to the portfolio manager who achieved the highest net performance with his fund. This ranking was determined outside the usual procedures in the other categories, using the combination of a qualitiative and quantitavie ranking. The one thing that matters: net performance – with no strings attached!

The new category to be introduced is the award for the “Best Nordic Hedge Fund Launch – Rookie of the Year”.

Funds will be considered that have a track record of less than 18 months, but have at least three monthly NAVs by December 31st 2015. Funds must be listed in the HedgeNordic databases and Nordic Hedge Index and meet the criteria required for such listing. There will be no minimum / maximum requirement for assets under management to be considered for the “Rookie of the Year” category.

As in this category the traditional scoring and ranking methodolgy would lead to no meaningful results due to funds trading different stratiegies with different datasets available for evaluation, a new and simplified ranking procedure will determine the winner of this category.

A jury put together of the former winners of the Nordic Hedge Award will, based on a questionair, determine the “Best New Nordic Hedge Fund Launch”. The Jury will be composed of:

• Morten Mathiesen (Asgard)
Anders Palmqvist (Archipelago Investments)
• Peter Warren
• Rolf Hagekrans (Merrant)
• Henrik Rhenman (Rhenman & Partners)

Jury members will be guided in their evaluation through a set of questions and criteria to consider and translate into a point scoring model.

Funds are listed by inception date, youngest down to oldest.

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