- Advertisement -
- Advertisement -

Related

Nordic Power Investment Companies Quintuple Average 2016 Returns

Latest Report

- Advertisement -

Stockholm (HedgeNordic) Denmark’s Nordic Power Trading and Sweden’s Shepherd Energy Portfolio had returns of 15% and 14% for 2016 respectively, over five times the 2.5% average gain in the global hedge fund industry according to Hedge Fund Research Inc., Bloomberg reported.

The Nordic electricity investment companies benefited from a 71% spike in Nordic power prices between September and November due to forecasts for a cold winter and low hydropower reservoirs. Rates subsequently tumbled due to wet and windy weather, which “spurred the first annual increase in trading volume in eight years.”

“We focus a lot on the weather and the important hydrological balance to find the right combination of risk and reward,” says Lina Petrell, COO of Shepherd Energy AB. “With only a small adjustment in one of our strategies after the summer we managed to be on the right side of price movements.” Shepherd Energy’s Power Series Fund also contributed to Shepherd’s $15 million in AUM with gains of 4%.

 Picture: (c) Piotr-Zajda—shutterstock.com

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

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

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.