- Advertisement -
- Advertisement -

Related

Handelsbanken’s ESG-Focused Fund Joins NHX

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Handelsbanken Hållbarhet Hedge Criteria, a young hedge fund investing in companies that have a strong focus on sustainability, has joined the Nordic Hedge Index (NHX). The hedge fund has been overseen by portfolio manager Viking Kjellström (pictured), who also manages market-neutral equity hedge fund Handelsbanken Global Selektiv Hedge, since mid-September.

Handelsbanken Hållbarhet Hedge Criteria is a long/short market-neutral fund that invests in companies that have a particular focus on sustainability, whose business models are favoured by the broader fundamental shift towards a more sustainable living and environment. The fund avoids companies doing business in controversial industries such as alcohol, tobacco, commercial gaming, military equipment, pornography, and fossil fuels. As a long/short vehicle, Handelsbanken Hållbarhet Hedge Criteria can initiate short positions in companies anticipated to struggle as a result of the current shift towards sustainability, as well as companies with low or inadequate sustainability performance, weak corporate governance or other sustainability-related shortcomings. These short positions enable the fund to reduce market risk and increase the fund’s return potential.

The ESG-focused hedge fund was launched in early February of 2018 and has been managed by Viking Kjellström since September 17. Kjellström has more than ten years on the buy side in different roles and has managed Handelsbanken Global Selektiv Hedge, one of the oldest vehicles in the Nordic Hedge Index (NHX), since mid-April of 2016. Handelsbanken Hållbarhet Hedge Criteria oversees SEK 653 million in assets under management as of the end of October. Both hedge funds managed by Kjellström held up quite well during the market turbulence of October, with the oldest vehicle falling 0.2 percent and the younger fund retreating 0.5 percent last month.

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

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Record Gold, Rising Momentum

The NHX CTA Index gained in September 2025, supported by a broad-based trend environment. Most of the profits came from precious metals, as gold...

From Rocky Starts to Solid Returns and Milestones

Lynx Asset Management, best known for its flagship trend-following program Lynx, has in recent years expanded its product offering with the launch of Lynx...

Europe’s Infrastructure Transformation: Where the Smart Money is Going

Infrastructure is at the heart of Europe’s economic transformation. Richard Marshall, Head of Infrastructure Research at DWS, explores how subsectors like data centres, renewable...

AuAg Reaches SEK 4 Billion AUM as Precious Green Turns Five

Precious metals specialist AuAg Funds continues to celebrate milestone after milestone. Just a month after its alternative 60/40 fund, AuAg Precious Green, marked its...

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.