- Advertisement -
- Advertisement -

Related

OQAM Chooses New Roadmap

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Despite delivering on its promise of preserving capital in this year’s market environment, Malmö-based OQAM has closed down its multi-strategy systematic hedge fund ia. Instead, OQAM will open up its innovation engine by offering individual strategies to other financial institutions and professional investors either through discretionary mandates or fund structures.

“In consultation with our investors, the decision to liquidate ia was both made and implemented during October,” Andreas Olsson, the Co-Founder and CEO of OQAM, tells HedgeNordic. “Since the start almost four years ago, ia has been managed with an insufficient level of assets to cover the costs of the fund’s operations,” he elaborates. “We are closing the fund to focus on launching other investment products that we’ve developed, most of which are sub-models that we’ve been running within ia.”

“We are closing the fund to focus on launching other investment products that we’ve developed.”

ia’s Two-Fold Objective

The team at OQAM had two main objectives for ia upon its launch in late 2018: to represent an investment product with an attractive risk-return profile and serve as an innovation engine. “We definitely felt that ia had a very specific return profile that we believed professional investors needed in their portfolios,” says Olsson. With ia’s multi-strategy approach aiming to deliver returns in both risk-on and risk-off environments, OQAM had capital preservation and uninterrupted compounding at the heart of their philosophy. ia delivered a cumulative return of 6.7 percent since launching in December 2018 after edging down only 0.4 percent in 2022.

“The return profile has been achieved in different periods, perhaps the most important and challenging periods, but not if you look over the entire lifespan of the fund,” acknowledges Olsson. “It hasn’t been a bad investmentfor anybody, we just haven’t achieved the goals we aimed for,” he continues. “The investors haven’t been losing money with their investments in ia, but as a small player, you need better performance than that to grow your assets and to sustain a good business.”

The second objective of using ia as an innovation engine, however, has been achieved. “Over these years, we have researched and in most cases implemented more than 50 alphas,” says Olsson. “We have built operations, technology and a platform around these models,” he continues. “And since ia has been sub-scale, we decided to close down ia to give a chance to these other business opportunities that we have been working on for quite a long time. The closure of a sub-scale ia is just about enabling us to dedicate resources to new investment strategies that we believe have a good opportunity going forward.”

“The closure of a sub-scale ia is just about enabling us to dedicate resources to new investment strategies that we believe have a good opportunity going forward.”

ia used to combine around 20 different models across four broader strategy groups, including asset allocation, short-term trading, trend strategies and relative-value strategies. “Other financial institutions and professional investors may lack the know-how to run some of these strategies both from an investment, operational and technology perspective. We could hopefully come in and offer a suitable strategy with much shorter time-to-market in a more cost-efficient form,” explains Olsson. “Whether that is being done in a fund structure or through a discretionary mandate, that is something we will have to see.”

OQAM is currently working on launching its first product following the closure of ia. “One of the investment strategies we are moving ahead with is capacity-limited in terms of managed capital to maximize the opportunities for an attractive risk-adjusted return,” says Olsson. “Therefore, we will not launch it as a fund but in another more cost-effective structure and to a limited number of investors,” he adds. “We want to get some more pieces of the puzzle in place before saying more about the other strategies.

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

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...

Visio Allocator Storms Back After Difficult March

After posting the worst monthly performance in its 15-year history with a 13.7 percent decline in March, the team behind the multi-strategy Visio Allocator...

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

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.