- Advertisement -
- Advertisement -

Lipper Awards for Nordic Hedge Funds

- Advertisement -

Stockholm (HedgeNordic) – Refinitiv Lipper has unveiled the winners of the 2022 Refinitiv Lipper Fund Awards for the Nordic countries, with two members of the Nordic Hedge Index featuring among the winners. Nordea’s Alpha 10 MA Fund picks up two prizes and Rhenman Healthcare Equity L/S takes the top spot in the “Alternative Long/Short Equity Global” category.

There were 3,717 funds eligible for a Refinitiv Lipper Fund Award in the Nordics, with the universe for the Nordic fund awards being composed of funds with a sales registration in at least one country out of Denmark, Finland, Norway and Sweden. The winners of the Refinitiv Lipper Fund Awards are based on the Lipper Leader rating for Consistent Return over the three-, five-, and ten-year periods. The calculation methodology seeks to ensure that the winners of the Refinitiv Lipper Fund Awards are funds delivering relatively superior consistency and risk-adjusted returns compared to a group of similar funds.

“These fund awards are unique in that they are the only ones based entirely on objective, quantitative criteria, recognising exceptional outperformance on a risk-adjusted basis relative to a fund’s peers,” says Detlef Glow, Refinitiv Lipper’s head of research, Europe, Middle East and Africa. “There is no bias and no nomination process. Each award is based entirely on quantitative analysis.”

Nordea’s Alpha 10 MA Fund, which uses a multi-asset approach to capture both traditional and non-traditional risk-premia return drivers, was named the Lipper Fund Award winner in the “Absolute Return EUR Low” category over the three- and five-year periods. Alpha 10 MA Fund is one of the three Alpha products managed by Nordea’s multi-asset investment team headed by Asbjørn Trolle Hansen. Nordea’s Alpha family – comprised of Alpha 7 MA Fund, Alpha 10 MA Fund and Alpha 15 MA Fund – all share the same investment approach but exhibit different risk-return profiles. The three-fund family oversees a little over €10 billion in assets under management as of the end of March.

Rhenman Healthcare Equity L/S won the Lipper Fund Award for the “Alternative Long/Short Equity Global” category over the three-year period. The healthcare-focused, long-biased long/short equity fund, managed by a portfolio management team of three led by Henrik Rhenman and Susanna Urdmark, has generated an annualized return of 17.9 percent since launching in mid-2009 through the end of March this year. Rhenman Healthcare Equity L/S oversees more than $1 billion in assets under management as of March.

close

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

Most Popular This Week

Voices

Request for Proposal

- Advertisement -

Latest Articles

Alcur’s Third Win in a Row

Stockholm (HedgeNordic) – Alcur Fonder’s first hedge fund, Alcur, has been named “Hedge Fund of the Year” by Swedish business magazine Privata Affärer for...

Lynx is Fund Company of the Year, Says Privata Affärer

Stockholm (HedgeNordic) – Lynx Asset Management has been named “Fund Company of the Year” by Swedish business magazine Privata Affärer. The distinction comes after...

RFP: Absolute Return Multi-Strategy/Fund of Funds

(Global Fund Search) - A Danish Institutional Investor is searching for an absolute return strategy for an allocation of EUR 40 million. The mandate...

Brummer Multi-Strategy Navigates 2022’s “Perfect” Storm

Stockholm (HedgeNordic) – 2022 experienced a “perfect” inflation storm due to an unprecedented amount of monetary and fiscal policy stimulus during the pandemic, war,...

Dream Comes True for Grönblom

Stockholm (HedgeNordic) – Ernst Grönblom had been running his high-conviction strategy of cherry-picking the stock market’s undervalued future winners under the umbrella of United...

Boarding the Broader Alternatives Ship

Stockholm (HedgeNordic) – Tore Davidsen, portfolio manager of SEB Eureka Fixed Income Relative Value since its launch in 2018, will join BankInvest as Senior...