- Advertisement -
- Advertisement -

Related

Lynx “down but not out”

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – In a recent article in Swedish business magazine Dagens Industri (DI), Svante Bergström (pictured), founder and CEO of Swedish systematic trend following hedge fund Lynx, was asked whether there is a risk that the fund will be closed by Brummer & Partners. The reasoning being that Brummer is keen on closing non-performing funds, highlighted by the closure of Zenit last year, and that Lynx currently is on track for a third consecutive year of negative performance numbers.

“Is there a risk that Brummer will close Lynx? Definitely not”, Bergström says continuing:

“Even though we have experienced an extended period of negative performance, we remain trusted by our institutional clients”.

At the same time Bergström is self critical:

“We are of course disappointed with our performance during the last couple of years”, he was quoted as saying.

Lynx was down around 11 percent on the year going into July but has since recovered as July numbers point to a positive month with the fund gaining 3.7 percent to bring the year-to-date number to -7.9 percent. Although improved, Lynx could well be on track for its worst performance in a single year since its inception in May 2000.

“The main reasons for the recent weak performance numbers is that volatility has hovered around record low levels while few markets have moved in a way that you can profit from them using a trend following strategy”, Svante Bergström told DI while at the same time reassuring that a large group of quant analysts are working hard to turn the development around.

“All our big competitors around the world has also struggled during this period”, Bergström highlighted referring to the weak performance numbers for the industry since 2015.

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

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

Rettig Appoints Crescit Manager to Oversee Hedge Fund Strategies

Simon Borgefors has joined Finnish family-owned investment company Rettig as Investment Director for hedge fund strategies in Stockholm, leaving Swedish hedge fund boutique Crescit...

€5m Ticket to Nordic High Yield From German Family Office

A German family office plans an initial €5 million commitment to a UCITS‑compliant Nordic high‑yield fund, with capacity to scale over time. According to...

From Beef to Bitcoin: August’s Wild CTA Ride

In August 2025, the CTA sub-index of the Nordic Hedge Index edged lower after two positive months, reflecting mixed performance among managers. Strong gains...

Lauri Ehanti to Leave Aalto University Endowment After 14 Years

Lauri Ehanti is leaving Aalto University’s endowment fund after 14 years in various roles, most recently as Head of Investments. His responsibilities will be...

Othania’s All-In-One Fund Celebrates Five Years

Danish fund boutique Othania is celebrating the five-year anniversary of Othania Balanceret Makro, its all-in-one fund blending equity, bond, and alternatives exposure through Exchange...

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.