Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, was little changed in August posting a negative return of 0.08%. Year-to-date, the NHX Composite index has gained 1.89%.
The Nordic hedge fund universe continued to benefit from a risk seeking environment during the month with the only strategy group showing signficant losses being CTAs.
CTA strategies had a difficult period as a result of heightened volatility in commodity markets, energies in particular. The category lost an estimated 2.68% on the month. On they year, fixed income strategies remain in the driver´s seat having gained 5.27%.
The full report including complete performance rankings can be accessed here: NHX AUG 2016.
HedgeNordic this week published a special report for the HedgeNordic Special Report on Fixed Income Strategies. You can view the entire report, here: Fixed Income Strategies and Alternatives in a Zero-Interest Rate Environment
Picture: (C) Sergey-Nivens – shutterstock.com