QQM reverse from all-time-high in february

Stockholm (HedgeNordic) – QQM Equity Hedge, the Swedish market neutral long/short equity fund managed by QQM Fund Management, posted a negative return of -3.8% in February, thereby reversing from its all-time-high reached in January. This according to the manager´s monthly performance update.

The positive contribution from the Swiss sub portfolio was eroded by negative performance in the other markets.

Compared to last month, QQM have increased the fund´s net exposure to Pharmaceuticals, Biotechnology & Life Sciences, Capital Goods and Commercial & Professional Services. Exposure was reduced to Banks, Diversified Financials and Materials.

The fund´s largest net exposures are Software & Services and Pharmaceuticals, Biotechnology & Life Sciences, and the largest net short exposures are Materials and Banks, the monthly commentary states.


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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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