One in Ten Nordic HFs Among EuroHedge Awards Finalists

Stockholm (HedgeNordic) – The final list nominees for the EuroHedge Awards 2018 has been revealed, and as always, there are plenty of Nordic hedge funds among award contenders. SEB Eureka Fixed Income Relative Value and Alcur Select joined Adrigo Small & Midcap L/S and Chelonia Market Neutral in the race for the “New Fund of the Year” award.

A total of 19 members of the Nordic Hedge Index (NHX) made the final list of nominations for the EuroHedge Awards 2018, which is to be held on January 24 at the Grosvenor House in London. Long/short equity fund Gladiator Fond, last year’s best performing member of the NHX with a return of 19.7 percent, will compete in three award categories. SEB Eureka Fixed Income Relative Value, which employs several relative value strategies that aim to capitalize on inefficiencies in the pricing of securities in Scandinavian fixed-income markets, features among contenders in two award categories, including the “New Fund of the Year” award.

In terms of changes between the final and the latest provisional list of shortlisted candidates, Gladiator Fond will compete in the “Specialist Sector Equity” category with Sector Healthcare instead of the “European Equity – over $500m” category. Rhenman Healthcare Equity Long/Short, meanwhile, no longer features among contenders in the “Specialist Sector Equity” category.

The final list of Nordic hedge funds nominated for the EuroHedge Awards 2018 can be found below.

European Equity – under $500m: Keel Capital Foghorn;
European Equity – over $500m: Bodenholm;
Specialist Sector Equity: Gladiator, Sector Healthcare;
Fixed Income: Borea European Credit (Hoyrente), HP Hedge, SEB Eureka Fixed Income Relative Value;
Specialist Finance: Scandinavian Credit;
Commodity & Currency: IPM Systematic Currency;
Long-Term Performance (5 years) – Equity Strategies: Gladiator, Rhenman Healthcare Equity Long/Short;
Long-Term Performance (5 years) – Macro, Fixed Income & Relative Value: Formuepleje Epikur, Formuepleje Penta;
Long-Term Performance (10 years) – Equity Strategies: Gladiator;
Long-Term Performance (10 years) – Macro, Fixed Income & Relative Value: Nektar, Danske Invest Hedge Fixed Income Strategies;
Emerging Manager & Smaller Fund – Equity Strategies: PriorNilsson Idea;
Emerging Manager & Smaller Fund – Macro, Fixed Income & Relative Value: Ress Life Investments;
New Fund of the Year: Adrigo Small & Midcap L/S, Chelonia Market Neutral, SEB Eureka Fixed Income Relative Value, and Alcur Select.