- Advertisement -
- Advertisement -

Related

Are Nordic CTAs Bouncing Back in March?

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – After starting off 2019 on the wrong foot, most Nordic CTAs are recovering some lost ground this month according to preliminary estimates. Based on preliminary return figures for 11 members of the NHX CTA, six members of the group returned more than three percent month-to-date through Friday last week or Monday this week.

SEB Asset Selection Opportunistic, a more aggressive version of trend-follower SEB Asset Selection, is leading the pack with a 6.3 percent return this month through the end of Monday this week. The fund lost 7.7 percent in the first two months of 2019. SEB Asset Selection, meanwhile, gained an estimated 3.6 percent month-to-date. Both funds are managed by SEB’s Global Quant Team led by Hans-Olov Bornemann.

Source: HedgeNordic.

Systematic hedge fund Lynx Sweden, which trades liquid global futures markets across equities, fixed income, currencies and commodities, gained 5.3 percent this month through Friday last week. This month’s gain takes the trend-follower’s year-to-date return further into positive territory at 6.7 percent.

The two vehicles managed by Stockholm-based multi-CTA manager RPM are also performing strongly so far this month. RPM Galaxy, a multi-CTA fund allocating to large, established managers, was up 4.6 percent this month through the end of last week. The fund lost eight percent in the first two months of the year. RPM Evolving CTA Fund, a multi-CTA fund investing in CTAs in their so-called evolving phase, returned three percent month-to-date. The fund was down 8.7 percent in the first two months of 2019.

Quantitative trend-follower Nordea 1 – Heracles Long/Short MI Fund, managed by Metzler Asset Management’s fund manager Christoph Sporer on a mandate, advanced 4.6 percent this month through the end of Monday this week. This month’s gain will help the trend-follower recoup most of the losses incurred at the beginning of the year. The fund fell 5.3 percent during the first two months of the year.

 

Picture © ollyy—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

Latest Articles

Avanto Right Tail Crosses 100% Since Inception

Lars Mikelsen, portfolio manager of Avanto Right Tail, runs a strategy designed to capture extreme upside events through concentrated bets on themes such as...

Nordic Hedge Funds Extend Solid Run Through Summer

Nordic hedge funds continued their strong run since May, closing out the summer on a positive note with an average gain of 0.5 percent...

Pasi Havia Bids Farewell to HCP, Quant Strategy Carries On

After more than a decade at Helsinki Capital Partners (HCP), portfolio manager Pasi Havia has stepped down from his role, leaving behind the management...

Fresh Talent, New Funds: ALCUR Expands Reach in Retail Segment

After a wave of portfolio manager hires earlier this year, stock-picking fund boutique ALCUR Fonder is preparing to launch several new funds aimed at...

Quirky Questions for Kathryn Kaminski (AlphaSimplex)

Not every hedge fund conversation needs to revolve around performance charts or trade execution. In HedgeNordic’s Quirky Questions series, we look beyond the strategies to the...

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

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.