- Advertisement -
- Advertisement -

Related

Atlant Stability Earns Four Stars After Reclassification

Report: Alternative Fixed Income

- Advertisement -

Stockholm (HedgeNordic) – Three years after its reclassification as a fixed-income fund, Atlant Stability has earned its first assessment from Morningstar’s grading system, achieving a four-star rating. Despite employing a similar fixed-income strategy that incorporates derivatives, Atlant Fonder’s second-largest fund was reclassified from an “alternative” to a “fixed-income” fund in Morningstar’s strategy classification three years ago and has now reached the three-year milestone to receive its first star rating.

Atlant Stability follows the path of Atlant Fonder’s younger fund, Atlant Högräntefond, which was the first in the product range to qualify for Morningstar’s star grading, earning a five-star rating. Launched in March 2021, Atlant Högräntefond is an actively managed fixed-income fund with a focus on Nordic corporate bonds with short to medium maturities. Atlant Stability operates as an actively managed fixed-income fund that primarily focuses on higher-quality corporate bonds, while also using derivatives to manage duration risk and hedge against interest rate fluctuations.

“Stability has been around since 2008 and was categorized as an alternative fund until we chose to reclassify it into the broader fixed-income category three years ago,” explains the team at Atlant Fonder. Atlant Stability ranks among the top seven funds in its Morningstar category for SEK-denominated fixed income over three years and the top five over five years. “We believe a five-year comparison is also relevant, as we have managed Stability consistently in the same manner, even before the reclassification.”

Founded and managed by head portfolio manager Anders Kullberg, joined by portfolio managers Taner Pikdöken (pictured left) in 2016 and Nikos Georgelis (pictured right) in 2018, Atlant Stability has generated an annualized return of 3.1 percent since launching its launch in 2008. The performance has been achieved with an annualized volatility in returns of just 2.5 percent, resulting in a Sharpe ratio exceeding one. “This relatively low-risk fund offers good opportunities for a return that is higher than in a traditional fixed-income investment,” highlights the team at Atlant Fonder.

Atlant Stability enjoyed 14 consecutive years of positive performance until a slight decline of 2.8 percent in 2022. The fund rebounded with a 6.0 percent gain in 2023 and an additional 6.4 percent year-to-date through the end of October. Atlant Stability manages SEK 1.47 billion in assets as of the end of September, representing 16 percent of Atlant Fonder’s total assets under management of SEK 8.9 billion. Stability is the second-largest fund in the boutique’s lineup, following Atlant Opportunity, which manages SEK 6.4 billion.

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

Bitcoin-Focused Anna Secures Full AIFM License

Anna Asset Management, which runs a momentum-driven strategy focused on Bitcoin futures, has been granted a full license as an alternative investment fund manager...

Bright Spots Emerge Amid Difficult March for Nordic Hedge Funds

Although March already feels like a distant memory amid the turbulence of April, Nordic hedge funds also faced a challenging month back then. All...

Mandatum Managed Futures Maintains Momentum

Mandatum Managed Futures Fund was named the “Best Nordic Managed Futures Fund” at the Nordic Hedge Award for the second year in a row,...

TIND Discovery Fund Clinches 2024 “Rookie of the Year” Title

One of the earliest distinctions a newly launched hedge fund in the Nordics can earn is the “Rookie of the Year” award, granted annually...

Evli’s Nordic High Yield Fund Aims for Balanced Pan-Nordic Exposure

Finnish asset manager Evli has long been recognized as a specialist in fixed income, managing €7 billion across the asset class. While the firm...

Announcing the Winners of the 2024 Nordic Hedge Award

HedgeNordic is delighted to announce the winners at the 2024 Nordic Hedge Award. We are honoured and humbled to bring together the Nordic hedge...

Allocator Interviews

In-Depth: Megatrends

Voices

Request for Proposal

- Advertisement -