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Broad gains for Nordic hedge funds in February

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Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, gained an estimated 1.18% in February (74% reported).

The month was characterized by broad gains with all sub-categories showing positive returns for the month. Multi-strategy and equity strategies performed particularly well with gains of 1,39% and 1.29% respectively.

For the year, CTAs remain the worst performing strategy group and the only one to be negative for the two first months of 2017. However, February provided some relief for the strategy with managers such as RPM and Lynx recovering strongly from the losses seen in January.

Among individual winners, Rhenman Healthcare Equity L/S had a strong month with gains of 11.28% followed by Formuepleje Penta and Pandium Global gaining in excess of 7%.

See the full report below:

 

Picture (c): Sergey-Nivens-shutterstock.com

 

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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

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