- Advertisement -
- Advertisement -

CTAs make significant gains post Brexit

- Advertisement -

Stockholm (HedgeNordic) – Following the Brexit vote and the significant market turmoil experienced on June 24, CTA funds look to be the big winners among hedge fund strategies overall, the Nordic names being no exception.

The BarclayHedge CTA Index, an industry benchmark aggregating returns for the largest CTAs in the world, gained an estimated 1.6% on the day following Brexit and added another 0.69% on June 27, bringing month-to-date numbers to +0,99%, estimates on the BarclayHedge website conclude.

Among Nordic managers, Lynx gained 5,1% on June 24 and added another 1.3% on June 27, bringing month-to-date numbers to a whopping 7.6%, which in turn brings year-to-date numbers to 7.4% according to estimates on the manager´s website.

SEB Asset Selection was reportedly up 1.3% on June 24 according to an email sendout from portfolio manager Hans-Olov Bornemann. Judging from data on Avanza, the fund added another 0.5% on June 27.

RPM Risk & Portfolio Management’s CTA-funds; RPM Evolving CTA Fund and RPM Galaxy gained 5.9 and 6.4% respectively on June 24 and added another 1.3% and 2.9% respectively on June 27. Year-to date the Evolving fund has gained 9% while Galaxy shows gains of 3.9%, according to data on the RPM website.


Picture: (c) Jezper—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

Rhenman Embracing Change Amid an Ever-Changing Healthcare Sector

Stockholm (HedgeNordic) – The largest equity hedge fund in the Nordics with assets under management just shy of $1 billion, the Rhenman healthcare fund,...

Inside Ilmarinen’s Approach to Hedge Fund Allocation

Stockholm (HedgeNordic) – Ilmarinen, in a tight race with Varma as Finland’s largest earnings-related pension insurance company, has emerged as a noteworthy investor in...

Nordic Hedge Fund Industry Report 2024

Stockholm (HedgeNordic) – HedgeNordic’s Nordic Hedge Fund Industry Report kicks off with an analysis of the industry’s performance across different asset size ranges. This...

BlueOrchard’s Climate Insurance PE Fund Edges Toward $100M

Stockholm (HedgeNordic) – BlueOrchard’s private equity fund dedicated to climate insurance has secured commitments of close to $30 million from two new investors, British...

Smooth Sailing in Rough Seas

Stockholm (HedgeNordic) – Gersemi Shipping Fund has emerged as a notable recent addition to the Nordic hedge fund industry. However, the founder and manager...

Absolute Returns in Impact-Screened High-Yield Market

Stockholm (HedgeNordic) – While many high-yield bond investors prioritize avoiding defaults, there is one team in the Nordics that does not shy away from...

Allocator Interviews

Latest Articles

In-Depth: Emerging Markets


Request for Proposal

- Advertisement -