- Advertisement -
- Advertisement -

Related

Month In Review – March 2018

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Nordic hedge funds as a group suffered losses in a volatile month of March, with equity-focused funds suffering the most due to increasing fears of a global trade war. Nordic hedge funds, as expressed by the Nordic Hedge Index (NHX), were down 0.6 percent in March (91 percent reported), taking the first-quarter losses to 1.2 percent.

Four of the NHX sub-categories posted losses for the month, with equity-oriented hedge funds tumbling 0.8 percent (down 1.6 percent YTD). Nordic CTAs were down 0.6 percent in March after suffering their worst month on record in the prior month (down 2.4 percent YTD). Fixed-income strategies gained 0.3 percent, bringing the 2018 performance into positive territory at 0.3 percent. The February loss of 0.6 percent ended a 23-month streak of positive performance for the group. Multi-strategy and funds of hedge funds were down 0.7 percent and 0.5 percent, with both categories falling 1.0 percent in the first three months of 2018.

Despite equity-focused hedge funds trailing other categories in March, equity funds topped the list of best performers. DNB ECO Absolute Return and Gramont Equity Opportunities gained 7.5 percent and 7.3 percent, correspondingly (up 1.8 percent and down 1.5 percent YTD, respectively). Fixed-income hedge fund Nykredit MIRA advanced 4.9 percent in March (up 0.7 percent YTD).

On the other end of the list, activist fund Accendo was down 8.6 percent in March (down 16.9 percent YTD). Alfa Axiom Fund and Nordea 1 – Heracles Long/Short MI Fund, both part of the NHX CTA Index, tumbled 6.9 percent and 5.2 percent, correspondingly (down 1.3 percent and 9.1 percent YTD).

View the full report here:

 

Picture: (c) ImageFlow—shutterstock.com

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

Origo’s Johansson Returns to Sohn Conference with High-Conviction Pick

Swedish stock-picking boutique Origo Fonder is gaining fresh recognition following a strategic transformation, strong performance, and growing assets. The firm’s evolution into an “Origo...

Commodities Lift CTAs Amid Turmoil

In June 2025, the NHX CTA Index was up as losses in stocks and bonds were outweighed by profits in commodities, but briefly erupting...

Finserve Global Security Fund Boosts Quant Edge with Martin Redgård

Under lead portfolio manager Joakim Agerback, the Finserve Global Security Fund has successfully capitalized on the global surge in defense, cybersecurity, and space investments...

Visio Allocator Storms Back After Difficult March

After posting the worst monthly performance in its 15-year history with a 13.7 percent decline in March, the team behind the multi-strategy Visio Allocator...

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

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.