Stockholm (HedgeNordic) – We are thrilled to announce that the final event of the 2021 Nordic Hedge Award will take place in the flesh on April 27th, 2022 in Stockholm (fingers crossed!).
This will be the tenth edition of the Nordic Hedge Award, so we are more than pleased to be gathering the Nordic hedge fund community the old fashioned way, meeting old friends, and making new connections with drinks and laughs, exchanging business cards and war stories, – all while celebrating outstanding talent and achievement in the Nordic region.
The Nordic Hedge Award is set to distinguish outstanding hedge fund managers from, or active in the Nordic region. All funds with a minimum track record of 36 months that are listed in the Nordic Hedge Index are considered for the Nordic Hedge Award.
The winners in the regular categories are determined in a three step process:
Initially, a quantitative model compounds various absolute return, risk-adjusted return and risk parameters of all funds to determine a shortlist in their respective sub-categories. The highest scoring FIVE funds per category become the nominees. The model and parameters chosen were co-developed by HedgeNordic in cooperation with Stockholm School of Economics’ House of Finance.
In a second step, a jury typically consisting of institutional investors and asset owners reviews the shortlisted funds for a qualitative screening. Each jury member then awards his or her score for each respective fund. And finally, the quantative and qualtitavie scores are aggregated in an equal weighting to determine the final rankings, and thus the winners and runners up to the Nordic Hedge Award.
There are two extraordinary categories where a different approach is taken to determine the winners:
The Performance award solely compares pure net performance as the one and only factor to determine the ranking. Performance awards are awarded for the highest cumulative performance over 12, 36 and 60 months.
And finally, the best new Nordic hedge fund is determined by other Nordic hedge fund managers, making the “Rookie of the Year” award a peer group distinction.
Great partners make this possible, thank you to CME Group, Efficient Capital Management LLC, Harvest Advokatbyrå, Northern Trust Corporation, RBC Investor & Treasury Services, The Asset Management Exchange, and Swedish House of Finance.
Look out for the news around nominations and qualified funds in the next days!
The Nordic Hedge Award is supported by: