- Advertisement -

Related

Nordic hedge funds in recovery mode in March – CTAs weighed

- Advertisement -

Stockholm (HedgeNordic) Nordic hedge funds, as estimated by the NHX Composite Index, gained an estimated 0.1% in March 2016 bringing year-to-date performance to -0.6%.

The month was characterized by an improved market sentiment sending risk assets and the price of oil higher. This benefited equity and fixed income strategies while hurting managed futures strategies. NHX CTA was the worst performing sub-category giving back part of the gains seen in January and February, the strategy group is however still the big winner of the year so far. CTA losses were balanced by gains among fixed income managers and a recovery in equity linked strategies.

Among individual names Sector Zen (+6%), Storm Bond Fund (+6%) and Danske Invest Hedge Fixed Income (+5.1%) were the best performers.

Year-to-date top performers are still dominated by CTAs with Estlander Alpha Trend Class II (18.3%), RPM Evolving Fund (+10.1%) and IPM Systematic Macro (+10.1%) in top three.

Full report to be viewed here: NHX March 2016

Picture (c): TischenkoIrina – 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

Nordea’s Alpha 15 Marks 15 Years with Renewed Momentum

Nordea’s Alpha 15 MA Fund, the highest-risk, highest-return strategy within Nordea’s three-fund Alpha range of risk premia solutions, celebrates its 15-year anniversary following a...

Alfakraft Builds Global Macro Strategy Around John Ricciardi’s Macro Insight

When macro manager Nils Brobacke stepped down from managing Brobacke Global Allokering in late 2025, the team at Alfakraft Fonder faced a choice: wind...

Month in Review: May Extends the Positive Run

Nordic hedge funds continued their positive momentum from April into May, as the Nordic Hedge Index advanced 2.54 percent. The gain came against the...

Man Group: The Pod-Shop Model Isn’t the Only Way

The rise of the multi-strategy “pod-shop” model has been one of the defining trends in the hedge fund industry over the past decade. Rather...

Beyond 60/40: The Case for Liquid, Systematic Diversification

By Bjarne Graven Larsen: For decades during the great moderation, the 60/40 portfolio was the institutional investor's Swiss army knife. Equities grew wealth; bonds...

Aspect Capital’s Evolving Approach to Chinese Futures

Chinese futures in general add substantial diversification benefits to global futures - and the Chinese commodity futures that dominate certain Aspect Capital strategies also...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -