- Advertisement -
- Advertisement -

Related

Agenta Gets New Multi-Asset Fund Off the Ground

Latest Report

This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

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

From Exclusive to Accessible: Coeli Listed Real Estate

In the summer of 2024, Swedish asset manager Coeli partnered with real estate specialist Peter Norhammar and NRP Anaxo Management to launch a concentrated...

Strong Earnings Drive Norron Select Higher in October

Mid-to-late October is always a busy earnings season for public companies and, by extension, for stock-picking managers. For long/short equity fund Norron Select, a...

Report: Alternative Fixed Income 2025

As 2025 is deep in its final quarter, investors find themselves navigating a world of contradictions. Equity markets, flush with liquidity and investor optimism,...

Beyond Plain-Vanilla: Ridge Capital Navigates Three Distinct Market Years

In a traditional high-yield bond fund, the yield-to-maturity often serves as a rough indicator of expected returns. Ridge Capital, however, operates with a more...

Macro Matters Again and Nordkinn is Built for It

“Macro is back and matters.” The phrase has become a recurring headline in financial media. Macro is back and so is the ability to...

Private Credit’s Evolution

By Laura Parrott – Nuveen: The private credit market has experienced remarkable growth, reaching $1.7 trillion in assets under management and 13% annual growth since the...

Allocator Interviews

In-Depth: High Yield

- 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.