- Advertisement -
- Advertisement -

Related

Nordic CTAs Continue Upward Trajectory

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – After a weak start to the year, Nordic CTAs are bouncing back after gaining 1.0 percent on average in April (89 percent reported). Last month’s advance took the group’s performance for the first four months of the year to 1.4 percent.

Speedometer: The April performance of the NHX CTA Index relative to its best and worst monthly performance since 2010. Source: HedgeNordic.

Nordic CTAs, as expressed by the NHX CTA, trailed the world’s largest CTAs last month, but performed slightly better than the broader trend-following industry. The SG CTA Index, which tracks the largest CTAs open to new investment, was up 2.7 percent last month. In the four months of 2019, the SG CTA Index, which includes three members of the Nordic Hedge Index, advanced 4.7 percent.

The Barclay BTOP50 Index, which reflects the performance of a similar group of large CTAs, gained 3.2 percent last month and is up 4.9 percent year-to-date through the end of April. The broader Barclay CTA Index, which includes around 500 CTAs, was up 0.8 percent in April, which brought the group’s performance for the first four months of 2019 to 2.2 percent.

Most members of the NHX CTA reported positive returns for April. The Lynx Fund (Sweden) was the best performer in the group last month with a gain of 6.7 percent. The Swedish-domiciled systematic trend-follower is the best performing member of the NHX CTA this year after gaining 16.3 percent in the first four months of the year.

RPM Galaxy, a multi-CTA fund allocating to large and established CTA managers, was up 4.2 percent in April. The multi-CTA vehicle gained one percent in the first four months of the year. Innolab Capital Index, which uses an artificial intelligence-assisted robot to predict and capture stock market movements, returned 4.0 percent last month. The AI-assisted vehicle gained 11.5 percent this year and currently ranks as the second-best performing member of the NHX CTA. IPM Systematic Macro Fund and SEB Asset Selection Opportunistic gained 3.6 percent and 3.3 percent last month, respectively.

 

Picture © shutterstock_wrangler

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

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

Accendo-Backed SSH Secures Major Investment from Leonardo

While public and policy discussions around defence often focus on conventional weapons, many of today’s most active and frequent battles are unfolding in cyberspace....

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...

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.