Nordic Hedge Funds remain upbeat in April

Stockholm (HedgeNordic) – Nordic hedge funds gained an estimated 0.3% in April 2016 bringing year-to-date performance to -0.2%.

April was another good month for the Nordic Hedge Fund industry with fixed income strategies in particular benefiting from a continued good appetite for corporate bonds following the decision from the ECB (from the previous month) to expand its assets purchasing programme to include corporate credits. NHX Fixed Income gained an estimated 1.7 per cent. Year-to-date, CTA strategies remain the best performing strategy following a strong rally during the first two months of the year.

The monthly report on the Nordic hedge fund space can be viewed here: NHX April 2016

Picture: (c) mdd—shutterstock.com