- Advertisement -
- Advertisement -

Related

Four Nordic Winners at EuroHedge Awards

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Four Nordic hedge funds received awards at this year’s edition of the EuroHedge Awards, which took place in London on January 24. Adrigo Small & Midcap L/S, a vehicle managed by Staffan Östlin and Johan Eriksson, received the “New Fund of the Year” award.

From the final nominee list of 19 Nordic hedge funds, four took home awards from Thursday’s event. Stockholm-based long/short equity fund Gladiator Fond, nominated in three award categories, received the top prize in the Special Equity category. The fund managed by Max Mitteregger returned 19.7 percent last year, earning double-digit annual returns in nine of its 14 years since inception. Gladiator Fond earned an annual compounded return of 12.6 percent since February 2005.

HP Hedge, a vehicle focused on the Danish bond market, was recognized as the best fixed-income hedge fund for its performance in 2018. Borea European Credit and SEB Eureka Fixed Income Relative Value also competed for the award. HP Hedge, managed by a four-member portfolio management team led by Henrik Fournais, gained 5.3 percent in 2018 and ended the year as the second-best performing member of the NHX Fixed Income. The fund earned a cumulative 30 percent in the past three years by investing in high-coupon Danish mortgage bonds, as well as low-coupon and noncallable mortgage bonds.

Danske Invest Hedge Fixed Income Strategies, a relative-value fund investing in fixed-income markets, shared the top prize with VR Global for long-term performance (ten years) in the category of macro, fixed-income and relative-value hedge funds. Both funds enjoyed double-digit gains in seven of the ten years since the financial crisis. Danske’s fixed-income hedge fund, managed by chief portfolio manager Michael Petry, generated an average compounded return of 17.7 percent per annum in the past ten years.

Last but certainly not least, Adrigo Asset Management’s stock-picking hedge fund focused on the Nordic small- and mid-cap segment received the “New Fund of the Year” award. Adrigo Small & Midcap L/S, run by lead portfolio manager Staffan Östlin, was among last year’s top five best-performing hedge funds in the Nordics in its first full year of operations. The fund combines long-term fundamental investing with a more opportunistic approach to investing. SEB Eureka Fixed Income Relative Value, Alcur Select, and Chelonia Market Neutral were three other Nordic contenders for the award.

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

Swedbank Robur Strengthens Private Equity Team

Swedbank Robur has appointed Lorenzo Gregory Sormani as co-portfolio manager of its private equity fund, Swedbank Robur Alternative Equity I, joining Senior Portfolio Manager...

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

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.