- Advertisement -
- Advertisement -

Related

Agenta Gets New Multi-Asset Fund Off the Ground

Powering Hedge Funds

Stockholm (HedgeNordic) – Stockholm-based asset manager Agenta Investment Management launched a multi-asset absolute return fund at the beginning of 2019. Agenta Alternativa Investeringar, a hedge fund that predominantly makes direct and indirect investments in equities and bonds, has now joined the Nordic Hedge Index.

Agenta Alternativa Investeringar is a multi-asset absolute return fund with a broad investment mandate, which allows making both direct and indirect investments in listed and unlisted securities in various asset classes.  Since launching on the first day of January, the fund has predominantly allocated capital to Nordic bonds, Swedish equities and long/short equity funds. The fund’s investments are predominantly focused in Sweden, but its investment mandate allows investing globally as well.

Agenta Alternativa Investeringar is managed by Stefan Engström (pictured), who co-founded Agenta Investment Management with CEO Peter Agardh in 2005. According to Engström, the fund’s attractive fee structure (a 0.24 percent management fee plus 15 percent of any gains above the fund’s benchmark) combined with the low risk and uncorrelated nature of its investment strategy, is expected to “lead to superior risk-adjusted returns for investors.”

Through the end of June, Agenta Alternativa Investeringar’s net-of-fees performance since inception equals 4.3 percent. This return is in line with the average year-to-date performance of all Nordic multi-strategy hedge funds part of the NHX Multi-Strategy. This strategy sub-category within the Nordic Hedge Index was up 4.3 percent in the first half of 2019. Agenta Alternativa Investeringar registered only positive months since its launch on January 1, 2019, including the month of May, when two in every three members of the Nordic Hedge Index incurred losses for the month.

 

Welcome to the Nordic Hedge Index!

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

The Year of Industrial Investments

By Kari Vatanen, Head of Asset Allocation and Alternatives at Elo: In 2026, the global economy will continue to grow in an environment overshadowed...

Turning Distressed Loans Into Returns

While most credit investors aim to avoid defaults, Swedish investors Gustav Hultgren and Tobias Thunander have built a career on the opposite: buying non-performing...

Borea to Gain Banking Footprint in Northwest Norway

Norwegian fund boutique Borea Asset Management is set to welcome a new owner and strategic partner in Sparebanken Møre, the largest bank in the...

Bringing Private Equity Expertise to Nordic Small- and Mid-Cap Stocks

Polaris is a Nordic mid-market private equity firm that has been operating since the late 1990s. Building on more than two decades of experience...

Round Table Discussion: Trend-Following in a Year Without a Map

For more than a decade, Stockholm has hosted some of the world’s leading CTAs, who come together to discuss market conditions, trends, innovation,...

Nordic Fixed-Income Managers Lead EuroHedge Awards Shortlist

With Intelligence has unveiled the first round of nominations for the 25th edition of the EuroHedge Awards, set to take place in London on...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

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.