- Advertisement -
- Advertisement -

Time-Tested Alfakraft Fund Joins the NHX

- Advertisement -

Stockholm (HedgeNordic) – Alfa Aktiv, one of the vehicles managed by Swedish quant-focused hedge fund shop Alfakraft Fonder AB, has joined the Nordic Hedge Index (NHX). Despite being classified as a global equity fund on Sweden’s Premium Pension Authority (PPM) platform, Alfa Aktiv operates as a fundamental hedge fund trading equities and futures contracts on Swedish markets.

Alfa Aktiv mainly trades futures on the OMX Stockholm 30 Index (OMXS30) or similar index-linked securities, aiming to achieve risk-adjusted outperformance versus OMXS30. The fund’s investment research process combines technical and fundamental analysis (mostly broader macroeconomic analysis), with the fund using a risk on and risk off approach to investing. The investment mandate allows Alfa Aktiv to invest its assets in derivative instruments, transferable securities, money market instruments, fund units and accounts with credit institutions.

Bengt Lindblad, a co-founder of Alfakraft Fonder AB, has been in charge of Alfa Aktiv since its inception in August 2015. The fund generated a cumulative return of 24.9 percent since the launch through August of this year, corresponding to a compounded annual return of 7.5 percent. Up until now, Alfa Aktiv successfully achieved its objective of beating OMXS30 with less volatility. The OMX Stockholm 30 Index returned 2.5 percent since August 2015 through the end of last month, exhibiting a monthly volatility of 3.2 percent (annualized volatility of 11.2 percent). Meanwhile, the realized volatility of Alfa Aktiv’s monthly returns on an annualized basis equals only 7.1 percent (monthly volatility of 2.0 percent).


Welcome to the Nordic Hedge Index (NHX).

Picture © canonzoom—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


Most Popular This Week

Request for Proposal

- Advertisement -

Latest Articles

Round Table: ETFs & Asset Management

Stockholm (HedgeNordic) – At a round table discussion that took place in Stockholm on October 17, asset managers and ETF providers discussed and answered...

Nordic Managers Win EuroHedge Nominations

Stockholm (HedgeNordic) – With Intelligence has released the first round of nominations for the EuroHedge Awards 2022, with the list featuring seven Nordic hedge...

Expected 75 Point Hike in Riksbank Rate

Stockholm (HedgeNordic) – Sweden’s Riksbank raised the key interest rate by an expected 75 basis points to 2.5 percent, the highest level since 2008....

The Age of Macro is Back

Stockholm (HedgeNordic) – In recent years, fixed-income macro managers such as Carlsson Norén have struggled to deliver attractive absolute returns in a low-volatility environment...

Man AHL Launches its First Systematic Article 9 Fund

Stockholm (HedgeNordic) – Man Group’s quantitative investment arm and engine, Man AHL, has launched the asset manager’s first systematic Article 9 fund. Relying on...

Corporate Bonds are Very Attractive Finds Atlant Fonder

Stockholm (HedgeNordic) – This year’s broad sell-off in the bond market due to aggressive monetary tightening in the fight against inflation may have investors...