- 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

CABA Becomes a Signatory of UN PRI

Stockholm (HedgeNordic) – Danish fixed-income fund boutique CABA Capital has become a signatory of the UN Principles for Responsible Investment (PRI), thereby affirming its...

Elo’s Former PE Head Joins Coda Alternatives

Stockholm (HedgeNordic) – Karita Meling, Elo’s former Head of Private Equity, is joining Finnish fundraising advisory Coda Alternatives as Senior Advisor. She served as...

Sampo Plans Spin-off and Listing of Mandatum

Stockholm (HedgeNordic) – The board of Finnish insurance group Sampo has proposed the demerger and subsequent listing of Mandatum, a life insurance and asset...

Lars Wedenborn Strengthens Rhepa’s Board

Stockholm (HedgeNordic) – A well-designed and experienced board of directors is a powerful tool for any firm, including an asset management business. Rhenman &...

“Glad to Have Been Able to Launch” in Tumultuous Year

Stockholm (HedgeNordic) – Finnish fund managers Jan Brännback and Janne Lähdesmäki joined Schroders last year to launch two funds focused on Nordic small- and...

Hedge Funds Find Their Place in Finnish Institutional Portfolios

Stockholm (HedgeNordic) – Institutional investors have increasingly shifted their portfolios to alternative asset classes such as hedge funds in the low interest-rate environment after...


Most Popular This Week


Request for Proposal

- Advertisement -