- Advertisement -
- Advertisement -

Related

Alfakraft shuts Alfa Edge Fund

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Alfakraft, the Swedish quantitative multi-strategy hedge fund shop, has decided to shut down one of its underlying funds, the Alfa Edge Fund. The fund was closed following a stream of negative returns that had brought year-to-date returns to -10.78% as of end September, leading the fund to its third consecutive losing year.

The Alfa Edge Fund was part of Alfakraft’s multi-strategy fund; Alfa Quant Fund, from where the program now also has been removed, according to the latest monthly report for Alfa Quant.

Alfa Edge Fund was launched in December 2011 under the name Alfa Edge Portfolio, the fund utilized automated trading strategies that executed high probability trades in major currency pairs for short-term holding periods, according to a fund description.

The Alfa Edge Fund has consequently been removed from the HedgeNordic database, while historical returns remain for index calculation purposes.

 

 

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.

Latest Articles

Machine Learning Helps Lynx Constellation in Tough Trend Markets

Lynx Asset Management is best known for its flagship trend-following strategy, the Lynx Program, which celebrated its 25th anniversary this year. In late 2019,...

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.