- Advertisement -
- Advertisement -

Nordic Nominees for EuroHedge Awards

- Advertisement -

Stockholm (HedgeNordic) – EuroHedge has revealed the initial list of nominees for the EuroHedge Awards 2019, which will honour the outstanding performers of 2019. Six members of the Nordic Hedge Index feature among the initial nominations.

PriorNilsson Idea and Taiga Fund have been shortlisted in the “Specialist Equity” category alongside five other non-Nordic funds. Asgard Fixed Income Fund and Danske Invest Fixed Income Global Value, meanwhile, both feature in the “Fixed Income” category. IPM Systematic Currency Fund has been shortlisted in the “Commodity & Currency” category, while Lynx features in the “Managed Futures – Over $500m” category.

The EuroHedge Awards aim to recognize and reward the best risk-adjusted performers in the European hedge fund industry in 2019 across several categories, with nominations and eventual winners decided by an entirely quantitative process. The selection process is based on a combination of Sharpe ratios and absolute returns, aiming to reflect two primary aims of hedge funds: manage volatility and deliver positive returns.

The initial list of nominees is based on returns to the end of October, whereas the final list of nominations will be based on returns to the end of December. The final list of nominations for individual strategy categories is based on 12-month performance numbers from January 2019 to the end of December 2019, while nominations for the long-term performance awards are based on the five-year period from January of 2015 to December 2019. For the one-year award categories, only funds with assets under management above $100 million qualify.

The initial list of nominations is provisional and more funds may be shortlisted in two further updates in December and January. The winners of the nineteenth annual EuroHedge Awards will be announced and presented at a gala dinner in mid-February in London.

Four Nordic hedge funds received awards at last year’s edition of the EuroHedge Awards, which took place in late January this year. Adrigo Small & Midcap L/S received the “New Fund of the Year” award. Long/short equity fund Gladiator Fond won the top prize in the “Specialist Equity” category, while HP Hedge Danish Bonds was recognized as the best fixed-income hedge fund for its 2018 performance. Danske Invest Hedge Fixed Income Strategies shared the top prize with VR Global for long-term performance (ten years) in the category of macro, fixed-income and relative-value hedge funds.

Picture © HFM.

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

Improved Environment for Single Shorts and Options Protection

Stockholm (HedgeNordic) – Marcus Plyhr’s cautious stance on markets helped Norron Select minimize losses in 2022, closing the year with a low single-digit decline...

Strong May Performance for Nordic Hedge Funds

Stockholm (HedgeNordic) – The Nordic hedge fund industry is experiencing one of its strongest years on record, marked by seven consecutive months of positive...

New Billion Club Member

Stockholm (HedgeNordic) – The Nordic hedge fund industry is welcoming a new member to its exclusive €1 billion club: Asgard Fixed Income Risk Premia...

Coeli Partners with Peter Norhammar for Real Estate Fund Launch

Stockholm (HedgeNordic) – Swedish asset manager Coeli is partnering with real estate specialist Peter Norhammar and NRP Anaxo Management to launch a new long/short...

Borea Welcomes New Majority Owner

Stockholm (HedgeNordic) – Norwegian fund boutique Borea Asset Management has a new majority owner. A consortium of independent banks within Frendegruppen, Norway’s second-largest banking...

Estlander Awaiting the Black Swan

Stockholm (HedgeNordic) – Finnish systematic asset manager Estlander & Partners has been in the business of providing so-called “crisis alpha” for decades through one...

Allocator Interviews

Latest Articles

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -