Stockholm (HedgeNordic) – The organizer ranked all funds eligible for nomination according to a calculation model co-developed with Stockholm School of Economics based on data drawn from the Nordic Hedge Index. This model translates the funds´ results into points earned for various achievements. Points are awarded for absolute performance, the stability of returns, performance in relation to historic returns of the respective fund, performance in relation to the defined benchmark (subindex within NHX) and risk-adjusted returns after being weighted with multipliers. (As an example, points scored for returns in relation to benchmark could be awarded a factor of 1,25 ).
The top five scorers in each category are defined as “shortlisted” and are nominated for the Nordic Hedge Award. The shortlist then will be handed to Jury members, who will add or subtract points per fund to determine the final ranking.
- Absolute Performance 2017
- Relative Performance 2017 (Respective NHX Sub-Index and overall universe)
- Sharpe Ratio 2017
- Absolute Performance – long term
- Sharpe Ratio – long term
- Number of Positive Months during 2017
The winners of the 2017 Nordic Hedge Award will be announced on April 25th, 2018 in Stockholm and presented with their trophies.
The nominated funds are listed here: Nominations 2017 Nordic Hedge Award