- Advertisement -
- Advertisement -

Lynx is Fund Company of the Year, Says Privata Affärer

Report: Systematic Strategies

- Advertisement -

Stockholm (HedgeNordic) – Lynx Asset Management has been named “Fund Company of the Year” by Swedish business magazine Privata Affärer. The distinction comes after Lynx Asset Management’s trend-following program achieved its second-best year on record in 2022, a difficult year for most asset classes and money managers.

“The company’s mathematical models diversify savings portfolios and contribute to returns even in tough times,” Privata Affärer says on the decision to distinguish Lynx Asset Management as the “Fund Company of the Year.” With a return of about 36 percent in 2022, the Swedish-domiciled Lynx Fund – the oldest-running hedge fund in Sweden – was the third-best performing fund in the Nordic hedge fund industry last year.

Lynx Fund enjoyed its second-best annual performance since its launch in 2000, only trailing the 42 percent advance booked in 2008. The Lynx Program powering the fund relies on trend-following models to catch trends across different timeframes in various asset classes and diversifying models to reduce drawdowns in non-trending environments. While constantly developing its trend-following Program, Lynx Asset Management stays true to its main objective of delivering strong returns with a negative correlation to equities in risk-off environments.

“We are a systematic manager. This means that ongoing buying and selling decisions are made by mathematical models instead of by humans,” Martin Källström, partner and senior managing director at Lynx, tells Privata Affärer. “Our managers and analysts focus on refining the strategy by developing new models or expanding the number of markets.” Källström told HedgeNordic in late 2022 that “the Lynx Program is constantly developing – and hopefully improving; as the market dynamics and the opportunity set change, we adapt to the new environment.”

The quant manager’s trend-following program also provided a strong return contribution to Brummer Multi-Strategy’s 7.0 percent advance in 2022. Lynx Asset Management is partly owned by Brummer & Partners, which has its multi-manager, multi-strategy vehicle invested in the trend-following strategy operated by Lynx. “Congratulations Lynx Asset Management for the “Fund Company of the Year” distinction. Thank you for your valuable contribution to Brummer Multi-Strategy’s good, risk-adjusted return in 2022,” the team behind Brummer Multi-Strategy comments on Lynx Asset Management’s distinction.

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

“7 Years, Niller, Then You Know a Thing or Two”

Stockholm (HedgeNordic) – There is a Danish saying that goes, “7 years, Niller, then you know a thing or two,” suggesting that seven years...

Brobacke Gains 7.6% in Early July, Predicts Continued Bull Market

Stockholm (HedgeNordic) – After a relatively flat first half of 2024, marked by noticeable month-over-month volatility, discretionary macro fund Brobacke Global Allokering advanced 7.6...

Kristofer Barrett Back to Managing Tech Fund

Stockholm (HedgeNordic) – Kristofer Barrett, the former portfolio manager of the multi-billion-dollar Swedbank Robur Technology fund, has returned to managing a technology-focused equity fund....

Tidan’s Resurgence Amid Markets Needing a Touch of Magic

Stockholm (HedgeNordic) – In late 2021, Michael Falken and his team at Tidan Capital launched a hedge fund employing a capital structure relative value...

The Value of Short Selling for Symmetry

Stockholm (HedgeNordic) – Stock-picking hedge fund Symmetry Invest has achieved a net-of-fees annualized return of 18 percent since its inception just over 11 years...

Month in Review – June 2024

Stockholm (HedgeNordic) – Despite June marking the end of a long streak of consecutive positive months, the Nordic hedge fund industry still achieved its...

Allocator Interviews

In-Depth: High Yield


Request for Proposal

- Advertisement -