- Advertisement -

Related

Nordic Multi-Strategy Funds Inch into Positive Territory

- Advertisement -

Stockholm (HedgeNordic) – Nordic multi-strategy hedge funds returned 0.5 percent on average in July (95 percent reported), trailing the equity-focused and fixed-income members of the Nordic Hedge Index (NHX). The NHX Multi-Strategy Index, the most diverse and inclusive category of hedge funds, is up 0.5 percent year-to-date through July.

Speedometer: The July performance of the NHX Multi-Strategy Index relative to its best and worst monthly performance since 2005. Source: HedgeNordic.

The performance of international multi-strategy hedge funds was somewhat mixed last month. The Eurekahedge Multi-Strategy Index, reflecting the collective performance of 273 multi-strategy hedge funds, also gained 0.5 percent in July (65 percent reported). Meanwhile, the HFN Multi-Strategy Index, comprised of multi-strategy funds from eVestment’s database of hedge funds, fell 0.2 percent last month, extending year-to-date losses through July to 1.3 percent. Similarly, the Barclay Multi Strategy Index was down an estimated 0.2 percent, with the preliminary results calculated with reported data from 92 funds. The Barclay index is down 0.4 percent year-to-date.

More than half of the 38 members included in the NHX Multi-Strategy Index ended the month of July in the green. Several funds managed by Danish asset manager Formuepleje A/S dominated July’s list of best performers among multi-strategy funds. Formuepleje Penta, for instance, returned 4.6 percent last month, bringing year-to-date gains to 9.6 percent. Formuepleje Epikur and Formuepleje Safe were up 3.9 percent and 3.6 percent, correspondingly. Othania Invest A/S, which employs a proprietary algorithm to execute a tactical allocation between U.S. stocks and bonds on a monthly basis, gained 3.5 percent last month.

Pacific Precious, which seeks long/short exposure to precious metals and companies within the precious metal sector, went through a rough time last month after losing 3.6 percent. Genio ADEPTO, meanwhile, was down 2.0 percent in July, taking the year-to-date performance to a negative 3.0 percent.

 

Picture (c) Denphumi—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

CTA / Trend Following ETFs: Access, Implementation, and the Question of Completeness

By Jerry Parker, Founder and CEO of Chesapeake Capital: The growth of CTA and trend following ETFs has expanded access to systematic strategies, but it...

Alcur Elevates Flöstrand to CIO One Year After Joining

Stock-picking boutique Alcur Fonder has appointed Per Flöstrand as Chief Investment Officer, with the portfolio manager taking over the role from co-founder and long-time...

Month in Review – March 2026

After a solid start to 2026, following three consecutive years of strong performance, March proved to be a sharp setback for Nordic hedge funds....

Archipelago Adds Firepower After Back-to-Back Strong Years

Archipelago Investments is strengthening its investment team with the appointment of Anders Fagerlund as Senior Analyst and Head of Research. Bringing 15 years of...

From Zero Rates to Volatility: Excalibur at 25

Around the same time last year, Lynx Asset Management marked the 25-year anniversary of its flagship strategy. This April, it is Excalibur Asset Management’s...

Two Allocators, One View: Liquidity, Cost and Control Behind CTA ETF Adoption

On the surface, Morten Christensen, Chief Financial Officer at Norwegian family office Aars, and Jonas Thulin, Chief Investment Officer at Sweden’s AP3, may appear...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -