European Performance Award for Nykredit MIRA

Stockholm (HedgeNordic) – Just one day after taking home third prize as “Best Nordic Fixed Income Hedge Fund” at the Nordic Hedge Award in Stockholm, Nykredit MIRA Hedge Fund clinched the nearly as well established and prestigious top prize in the fixed-income category at this year’s HFMWeek European Hedge Fund Performance Awards. The annually-held HFM European Hedge Fund Performance Awards is an evening of recognition and reward for the best-performing European-based hedge funds and funds of hedge funds of the past 12 months.

A number of Nordic hedge funds had been shortlisted for this year’s European Hedge Fund Performance Awards (click for more details) in several of the 42 award categories, with only Nykredit MIRA Hedge Fund returning home victorious. The winners in each of these categories were announced at a dinner at the Hurlingham Club in London on April 26, 2018. Commenting on the achievement, Chief Portfolio Manager Nicolai Kjer Rasmussen told HedgeNordic that his team does not work for collecting awards, but they do appreciate to be recognized for their work and for delivering competitive risk-adjusted returns.

Nykredit MIRA, a relative-value fund investing in fixed-income instruments with a focus on Danish mortgage bonds, was the best-performing fund of 2017 within the NHX Fixed Income Index. The fund gained 18.1 percent for the year, recording its second-best yearly performance since its inception in late 2008. Nykredit MIRA has generated a compounded annual rate of return of 11.3 percent since inception.

Nykredit MIRA, one of the three fixed-income hedge funds managed by Danish asset manager Nykredit Asset Management, also received the EuroHedge Award for Europe’s best fixed-income hedge fund of 2017 at the beginning of this year. The award was handed out at the 17thannual EuroHedge Awards event held in London on January 24, 2018.

Pictured are Nicolai Kjer Rasmussen (pictured left) and Henrik Jørgensen (pictured right), Head of Fixed Income at Nykredit Asset Management.


About Author

Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index (NHX), as well as being a novice columnist covering the Nordic hedge fund industry for HedgeNordic. Prior to joining HedgeNordic, Eugeniu had served as a columnist for a U.S. journal covering insider trading activity, activist campaigns and hedge fund moves. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018.

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