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Nordic Hedge Fund Country Report Q4/2018

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Stockholm (HedgeNordic) – HedgeNordic is pleased to present the fourth edition of the “Nordic hedge fund space: country-by-country report.” This report highlights and illustrates the main developments, top performers, largest hedge funds, and other statistics for each of the four Nordic hedge fund industries on a quarterly basis.

The performance of the Nordic hedge fund industry wound up in negative territory for 2018 after a tumultuous fourth quarter. Danish and Swedish hedge funds navigated the quarter of relatively well, whereas none of the Norwegian and Finnish funds included in the Nordic Hedge Index (NHX) posted positive returns for the fourth quarter.

Volt Diversified Alpha Fund, which applies machine learning and fundamental input data to capture price moves in futures markets, was the best performing member of the index in the fourth quarter after advancing 11.2 percent. Atlant Protect, a vehicle designed specifically to protect against market crashes, was the quarter’s second-best performer with a 5.8 percent gain. DNB TMT Absolute Return and Formue Nord Markedsneutral closely followed suit, both gaining 4.2 percent during the quarter.

At the end of December 2018, the Nordic Hedge Index (NHX) comprised 175 members: 101 hedge funds in Sweden, 36 funds in Denmark, 18 in Finland and 17 in Norway.

The most recent edition of the country-by-country report can be viewed below:

 

Picture © _Pablo-del-Rio-Sotelo—shutterstock

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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

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