- Advertisement -
- Advertisement -

Related

Nordic hedge funds flat in May, Accendo and Brummer among winners

Latest Report

This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

Stockholm (HedgeNordic) – Nordic hedge funds, as expressed by the Nordic Hedge Index NHX, lost an estimated 0.06% in May (85% reported), bringing the year-to-date performance to 2.1%.

The month was characterized by a disparity of returns between the strategy groups underlying the NHX Index. While CTAs in particular continued to weigh on performance, losing another 0.96% to bring year-to-date losses to -3.22%, fixed income strategies again outperformed with gains of 0.53%, epanding the lead for the year with gains of 4.51%. Other strategies showed small changes; Equities (+0.03%), Multi Strategy (-0.17%) and Fund of Funds (-0.02%).

Among individual winners, the activist hedge fund Accendo regained the first spot as best performer on the year (+13.8%) by adding 4.8% on the month. The Brummer & Partners group had its best month for a long time with the Brummer Multi Strategy 2XL adding 4.1%. Max Mitteregger’s Gladiator fund was another strong performer with a monthly gain of 3,7%.

Estlander & Partners Alpha Trend II (-9.8%) and Rhenman and Partners, Rhenman Healthcare Equity L/S (-9.0%) stood out among the month´s losers.

The full report can be accessed below:

Picture (C): isak55 – shutterstock.com

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

Our newsletter is sent once a week, every Friday.

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

Latest Articles

Steady as an Icebreaker: Ymer Debuts Fund IV

Swedish alternative credit specialist Ymer SC AB has officially launched its fourth fund, the Ymer European Structured Credit Fund IV, which is now listed...

Lucerne Teams with Ex-Danske Derivatives Head on Covered-Call Fund

U.S.-based investment manager Lucerne Capital Management has announced the launch of the Lucerne European Income Select Fund (LEISF), an actively managed strategy aiming to...

Hedge Funds Catch the Attention of Swedbank’s Research Team

Although Swedbank Robur does not manage hedge funds in-house, Swedbank’s manager research team continues to find selective external hedge funds attractive for client portfolios....

AllianzGI’s Impact Private Credit Strategy: Financing Change Without Compromise

Private credit has matured into an established asset class and is now evolving beyond traditional financing, offering opportunities to contribute to positive change. As...

ESG Remains Part of the “Credit Story” in Private Credit

ESG integration remains a standard component of private credit investing, particularly in Europe and among Nordic institutional allocators, but its momentum has slowed. Conversations...

From PDF to Platform: Why Governance Needs a System, Not a Folder

By Sofia Beckman – Co-founder, North House: “We manage billions with real-time systems,” one COO told me. “But our governance still lives in PDFs.”...

Allocator Interviews

In-Depth: High Yield

- Advertisement -

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.