- Advertisement -
- Advertisement -

Related

NS Quant Closes Down in Trendy Environment

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Systematic trend-following strategies as a group have enjoyed an outstanding 2022 so far, but the industry still experienced diverging fortunes this year. Finnish systematic managed futures fund NS Quant has now been closed down after struggling to capture trends in what has broadly been a fertile environment for quantitative trend-following hedge funds in 2022.

Down 12.2 percent in the first eight months of 2022, NS Quant has seen its assets under management drop below €2 million during the summer. “We decided to close NS Quant down,” says Markku Malkamäki, the chief architect behind the strategy powering NS Quant. “Appetite to invest in a CTA was less than we expected, unfortunately, and the cost structure in a Luxembourg-domiciled structure is very high and unsustainable unless the size of the fund grows fast,” he elaborates. “We continue to offer NS Quant strategy as a Managed Account service.”

“Appetite to invest in a CTA was less than we expected, unfortunately, and the cost structure in a Luxembourg-domiciled structure is very high and unsustainable unless the size of the fund grows fast.”

The origins of NS Quant go back a few decades to Malkamäki’s PhD work and his time at Finnish asset manager Pohjola Asset Management. Malkamäki and his older son, Markus, started formalizing and coding the existing systematic approach powering NS Quant at the beginning of 2019. Malkamäki previously described NS Quant as “a systematic long/short strategy investing in liquid equity and commodity futures.” He went on to add that “NS Quant relies on a managed futures concept with a flavour of trend-following.”

Having gained 9.5 percent net of fees in its first year of operations in 2020, NS Quant has lost a cumulative 13.4 percent since launching in February 2020 through the end of August 2022. The systematic managed futures fund gained 10.5 percent in the risk-off environment of the first quarter of 2020 and was one of the few funds to deliver positive performance both in March and April 2020.

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

Brevan Howard Winds Down Volatility Fund Managed by Ville Helske

Brevan Howard Asset Management is winding down a volatility-focused hedge fund run by high-profile Finnish portfolio manager Ville Helske. Helske, formerly Head of Allocation...

Ymer to Launch Fourth CLO Fund with Proven Strategy and Structure

Building on the track record of three previous credit funds, Swedish alternative credit specialist Ymer SC AB is preparing to roll out its fourth...

Quirky Questions for: Stefan Nilsson (Hedge Funds Club)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Origo’s Johansson Returns to Sohn Conference with High-Conviction Pick

Swedish stock-picking boutique Origo Fonder is gaining fresh recognition following a strategic transformation, strong performance, and growing assets. The firm’s evolution into an “Origo...

Commodities Lift CTAs Amid Turmoil

In June 2025, the NHX CTA Index was up as losses in stocks and bonds were outweighed by profits in commodities, but briefly erupting...

Finserve Global Security Fund Boosts Quant Edge with Martin Redgård

Under lead portfolio manager Joakim Agerback, the Finserve Global Security Fund has successfully capitalized on the global surge in defense, cybersecurity, and space investments...

Allocator Interviews

In-Depth: High Yield

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.