- Advertisement -
- Advertisement -

Årets Hedgefond 2019

- Advertisement -

Stockholm (HedgeNordic) – PriorNilsson Idea has been named the “Hedge Fund of the Year” at the annual “Årets Fonder” event organized by fund platform Fondmarknaden.se. The “Årets Hedgefond 2019” award was one of the ten awards handed out at the annually-held event that recognizes the best funds among the 1,800 funds available on Fondmarknaden.se.

“We are happy that our focused stock-picking strategy, combined with added protection in volatile markets, has proven to give investors good risk-adjusted returns over different market conditions,” Torgny Prior, who co-founded Stockholm-based asset manager PriorNilsson Fonder with Per Olof Nilsson in 2002, tells HedgeNordic. “Large holdings in Skanska and Klövern developed well during the year and contributed to the performance in 2019,” he adds.

There are about 60 Swedish and foreign hedge funds available on Fondmarknaden.se. The long/short equity fund managed by Torgny Prior and Martin Lindqvist delivered an annualized return of 11.5 percent in the past three years. PriorNilsson Idea gained around 18 percent last year after returning seven percent in 2018 and nearly ten percent in 2017. Commenting on PriorNilsson Idea’s win in the “hedge fund” category, Fondmarknaden.se writes that the PriorNilsson fund is “a clear example of how genuine active management can deliver returns in both strong and weak markets.”

The Nordic Hedge Index includes 91 Swedish hedge funds, but not all of them are available on Fondmarknaden.se. PriorNilsson Idea, which employs a long-biased long/short equity strategy that focuses on strategic allocation and stock picking, was one of the best-performing members of the Nordic Hedge Index in the past three years. The fund is the second-best performing Swedish hedge fund in the past three years, trailing only Rhenman Healthcare Equity L/S.

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
Previous article
Next article

Latest Articles

Capital Four Expands New York Team

Stockholm (HedgeNordic) – Copenhagen-headquartered Capital Four continues to strengthen its investment team in New York. The credit boutique has announced the hiring of three...

Lynx Surpasses 100 Employees

Stockholm (HedgeNordic) – Systematic asset manager Lynx Asset Management has recently surpassed 100 employees, with over 20 new hires in 2023 across its headquarters...

Copper’s Significance in the World of Transition Essential Resources

Stockholm (HedgeNordic) – Copenhagen-based fund boutique St. Petri Capital has been running a thematic-focused long/short equity fund since early 2018. The fund employs a...

Bonds: Shaken, but Not Stirred

By Tarek Abou Zeid and Edward Hoyle – Man AHL: There can be little doubt that investors were scarred by bonds’ performance in 2022....

Ress Capital’s Hanna Persson Appointed to ELSA Board

Stockholm (HedgeNordic) – Hanna Persson of Ress Capital has been appointed to the Executive Board of the European Life Settlement Association (ELSA). This appointment,...

Nordic Funds Shortlisted for HFM European Awards

Stockholm (HedgeNordic) – With Intelligence has unveiled the list of shortlisted funds for the HFM European Awards 2023, with this year’s list featuring a...

Allocator Interviews

Commodities

Most Popular This Week

Voices

Request for Proposal

- Advertisement -