- Advertisement -
- Advertisement -

Best Nordic equity focused hedge fund 2015 – Alchemy Trading

- Advertisement -

Stockholm (HedgeNordic) – Norwegian based Alchemy Trading was awarded best equity focused hedge fund at the 2015 Nordic Hedge Award. In a comment to HedgeNordic, Alchemy´s founder and portfolio manager, Jarle Birkeland, says:

“We would like to thank the jury who voted us first in this category. We have worked hard these last years to improve on our investment management capabilities. The recent market environment has made us turn more defensive as we believe the opportunity set is more of a “coin flip”. We have significantly reduced our exposure and operate with a small gross exposure until we see better opportunities. Our trade-expectancy and risk management guidelines are integral parts of our strategy and will serve as important performance drivers in 2016, just as they have during the last three years.”

Alchemy Trading gained 16.6% in 2015, significantly outperforming the NHX Equity index that gained 9.8% during the year.

Ranked in second place was Swedish Origo Quest 1 and in third, the most consistent nominee in the Nordic Hedge Awards history, Taiga Fund from Norway. Taiga also managed to take an outstanding second rank as “Best Nordic Hedge Fund 2015 (over all)”.  Trophies were presented by Andrea Gentilini of Novus.

Rhenman Healthcare Equity L/S, who had one the category the last three years back to back did not rank among the top three despite being nominated. The health care specialist did however snatch two trophies, being awarded as best net performing Nordic hedge fund overall for their three year and five year performance.

Logo_HN_728x90_2016_v2

 

close

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.

Latest

Most Popular This Week

Voices

Request for Proposal

- Advertisement -

Latest Articles

RFP: Absolute Return Multi-Strategy/Fund of Funds

(Global Fund Search) - A Danish Institutional Investor is searching for an absolute return strategy for an allocation of EUR 40 million. The mandate...

Brummer Multi-Strategy Navigates 2022’s “Perfect” Storm

Stockholm (HedgeNordic) – 2022 experienced a “perfect” inflation storm due to an unprecedented amount of monetary and fiscal policy stimulus during the pandemic, war,...

Dream Comes True for Grönblom

Stockholm (HedgeNordic) – Ernst Grönblom had been running his high-conviction strategy of cherry-picking the stock market’s undervalued future winners under the umbrella of United...

Boarding the Broader Alternatives Ship

Stockholm (HedgeNordic) – Tore Davidsen, portfolio manager of SEB Eureka Fixed Income Relative Value since its launch in 2018, will join BankInvest as Senior...

Year of Stabilization of Interest Rates

By Kari Vatanen, CIO of Veritas: The year 2022 was a year of negative surprises in the investment markets and in the global economy. Hopes...

Playing Offense in the Net-Zero Transition

Stockholm (HedgeNordic) – The world’s adoption of cleaner energy had been ongoing prior to Russia unleashing war in Ukraine. The war and its consequences...