- Advertisement -

Related

Systematic FX Finally Taking Off

- Advertisement -

Stockholm (HedgeNordic) –Swedish FX International AB joined forces with Slovakian asset management firm Valor o.c.p. to launch a systematic hedge fund trading in foreign exchange markets, called Valor Global FX.

Valor Global FX aims to generate absolute returns in all types of market conditions by entering into short-term positions in foreign exchange markets. The fund’s model relies upon Valor’s time-tested systematic mathematical-statistical strategy for entering and exiting both long and short positions. The freshly-launched fund targets an annual return in the range of 4%-to-10%. The strategy developed by the Slovakian asset manager reportedly generated returns over the range above in recent years.

“It feels good that we finally launched Valor Global FX. The fund is an alternative investment vehicle that we know that many investors have shown interested in. We are now looking forward to seeing future performance for the fund,” Lars Eriksson, CEO of FX International, told HedgeNordic.

Valor Global FX was initially slated to launch in mid-August with seed capital in the range of €3-to-€8 million, but the take-off was delayed because the opening of the fund’s segregated account took longer than expected. Although the exact amount of assets under management at inception is unknown, Valor added €1 million in capital at the time of the launch and pledged to inject an additional €9 million within the following 12 months.

FX International, a financial firm engaged in algorithm-based currency trading, serves as the advisor to Valor Global FX. The fund is geared towards institutional investors and aims to attract at least €100 million in assets under management within the next two years.

Picture © isak55 – Shutterstock

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

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Elo’s Slow-Moving Hedge Fund Portfolio Built Around Access

Soon after Kari Vatanen joined Finnish pension insurer Elo as Head of Asset Allocation and Alternatives, he praised the team behind the firm’s hedge...

The New Coda: From Intuition to a Unified Investment Process

Peter Andersland is best known in the Nordic hedge fund space as the co-founder of Sector Asset Management, where he remains a shareholder. While...

When Diversification Fails: Qblue’s Case for Alternative Risk Premia

The notion that a traditional 60/40 portfolio offers meaningful diversification has long been questioned by practitioners. When implementing the Total Portfolio Approach at Danish...

Tidan NOVA Profiting from Volatility Skew as Market Participants Seek Protection

Tidan Capital’s evolution into a multi-strategy platform reflects a broader effort to deliver complementary sources of alpha, with its NOVA strategy serving as a...

Extracting Alpha from the Factor Zoo Through Systematic Investing

There are multiple ways to approach equity investing and, ultimately, the pursuit of alpha. While many strategies rely on market direction or discretionary stock...

Apoteket CIO Leans on Hedge Funds for High Sharpe

Gustav Karner, Chief Investment Officer of Apoteket’s Pension Fund since 2017, has delivered one of the highest Sharpe ratios among Sweden’s largest institutional investors,...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -