- Advertisement -

Related

Alfakraft renames Alfa Commodity Fund

- Advertisement -

Stockholm (HedgeNordic) – The Swedish quantitative hedge fund house Alfakraft has decided to change the name of its trend following fund Alfa Commodity Fund. The new name will be Alfa Axiom Fund and the name change will be carried through with immediate effect according to Alfakraft´s CEO Olof Dahlbeck.

“Fund platforms are informed about the name change but most of them has yet to to update the information on their respective sites, we expect that to be done within very short”, Dahlbeck tells HedgeNordic.

The reason for the name change is that the old name was too attached to the commodity sector, according to Alfakraft. Since the fund is also trading fixed income, equities and currencies, the word commodity was particularly confusing for European investors, a press release states.

As of September 1, Alfa Axiom Fund will also apply a new management fee for retail clients. The new management fee is 1.5 per cent as compared to the 1 per cent fee the fund charged previously, according to the press release.

Picture: (c) totojang1977 – 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

Equity Strategies Lead as Hedge Funds Deliver Strong First Half

Global hedge funds extended their winning streak in June, posting a third consecutive monthly gain and completing their strongest first half of the year...

Healthcare Rally Fuels Rhenman Healthcare Equity L/S

After two strong months for broader equity markets in April and May, investors took a breather in June. The healthcare sector, however, bucked the...

BlackRock Unveils Tactical Opportunities Plus for Macro Alpha

BlackRock has launched the BSF Tactical Opportunities Plus Fund, a new liquid alternatives UCITS strategy designed to meet growing investor demand for macro strategies...

Stronger Dollar Offsets Challenging Trend-Following Environment

The NHX CTA Index, tracking Nordic managers employing managed futures, trend-following, and systematic macro strategies, gained 0.6 percent in June, lifting its return for...

Meriti Launches Smart Ränta as Alternative to Bank Savings

A year after fixed-income boutique Carlsson Norén Asset Management and its investment team joined Meriti Capital, the Swedish asset manager is expanding its fixed-income...

Simplicity to Acquire Norron’s Fund Management Business

Varberg-headquartered asset manager Simplicity AB has agreed to acquire Norron’s fund management business, taking over the management of the five UCITS funds that comprise...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -