Stockholm (HedgeNordic) – From an early nomination list of 16 Nordic names, two funds were announced as winners at this year´s Eurohedge Awards; Madrague Equity Long/Short and Sector Healthcare.
Stockholm-based Madrague’s long/short equity fund was awarded best European Equity Fund among funds managing AuM up to 500 million USD for its performance in 2016. According to HedgeNordic data, the fund gained 15.1 percent for the full year translating into a compounded RoR of 9.4 percent and a Sharpe Ratio of 1.1 since its inception in February 2012.
Oslo-based Sector was awarded best specialist equity fund for its Sector Healthcare fund. The fund gained 10.6 percent in 2016 and has had a compounded RoR of 8.6 percent and a Sharpe Ratio of 1.9 since launching in September 2005, according to HedgeNordic data.
Picture (c): OlegDoroshin-shutterstock.com
