- Advertisement -

Candidates for the Rookie of the Year 2024

Stockholm (HedgeNordic) – One of the first distinctions up for grabs in the early stages of a Nordic hedge fund’s lifecycle is the “Rookie of the Year” award, honoring the region’s most outstanding new hedge fund launch. Presented annually at the Nordic Hedge Award, this title is awarded to the most promising hedge fund debut, as determined by a jury of fellow Nordic hedge fund managers. Nine hedge funds have qualified for consideration for the 2024 “Rookie of the Year” award.

Arden xFundCABA Flex2Coeli Norhammar Property L/SMeriti Neutral
Nordea Diversified Growth FundNordea Global Rates OpportunityNorselab Real Estate Credit OpportunitiesTIND Discovery Fund
Xcent Multi-Strategy

The nine hedge funds in contention for the “Rookie of the Year 2024” award were launched during the 12-month period ending in September of last year. Funds launched after September will qualify for next year’s award. To qualify, funds must be listed in the Nordic Hedge Index and meet the necessary listing criteria, though there are no specific requirements regarding assets under management for consideration. The winner of the “Rookie of the Year” award is determined based on the combined scoring of a jury board comprised of Nordic fellow fund managers, making this a peer-group award.

For the 2024 Nordic Hedge Award, the “Rookie” jury consists of Ville Rantanen, Portfolio Manager at Mandatum Asset Management; Nadia Martin Wiggen, Director at Svelland Capital; Måns Levin, Portfolio Manager and CEO at Ridge Capital; Terese Iselse, CEO at Rhenman & Partners; and Kasper Ullegård, CEO at Asgard Asset Management.

The members of the jury select what in their opinion represents the most promising hedge fund debut of the passing year by considering a host of qualitative assessments at their discretion. The jury members are invited to consider questions such as:

  • Which fund would I feel most comfortable investing in, despite its short track record?
  • Which fund is best positioned to build a long-term, robust track record?
  • Which fund has the potential for meaningful impact in the Nordic hedge fund space?
  • Which fund could become a billion-dollar fund (if that is even desired or the intention, within the capacity of the strategy)?

The winner will be announced on the 9th of April 2025 at the final event of the Nordic Hedge Award in Stockholm. For more information about the award and previous winners, please visit: Rookie of the Year.

Good luck to all contestants!

The Nordic Hedge Award is supported by these fine entities:

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

Elo’s Slow-Moving Hedge Fund Portfolio Built Around Access

Soon after Kari Vatanen joined Finnish pension insurer Elo as Head of Asset Allocation and Alternatives, he praised the team behind the firm’s hedge...

The New Coda: From Intuition to a Unified Investment Process

Peter Andersland is best known in the Nordic hedge fund space as the co-founder of Sector Asset Management, where he remains a shareholder. While...

When Diversification Fails: Qblue’s Case for Alternative Risk Premia

The notion that a traditional 60/40 portfolio offers meaningful diversification has long been questioned by practitioners. When implementing the Total Portfolio Approach at Danish...

Tidan NOVA Profiting from Volatility Skew as Market Participants Seek Protection

Tidan Capital’s evolution into a multi-strategy platform reflects a broader effort to deliver complementary sources of alpha, with its NOVA strategy serving as a...

Extracting Alpha from the Factor Zoo Through Systematic Investing

There are multiple ways to approach equity investing and, ultimately, the pursuit of alpha. While many strategies rely on market direction or discretionary stock...

Apoteket CIO Leans on Hedge Funds for High Sharpe

Gustav Karner, Chief Investment Officer of Apoteket’s Pension Fund since 2017, has delivered one of the highest Sharpe ratios among Sweden’s largest institutional investors,...

Nordic Hedge Fund Industry Report

When Diversification Fails: Qblue’s Case for Alternative Risk Premia

The notion that a traditional 60/40 portfolio offers meaningful diversification has long been questioned by practitioners. When implementing the Total Portfolio Approach at Danish...

Extracting Alpha from the Factor Zoo Through Systematic Investing

There are multiple ways to approach equity investing and, ultimately, the pursuit of alpha. While many strategies rely on market direction or discretionary stock...

The New Coda: From Intuition to a Unified Investment Process

Peter Andersland is best known in the Nordic hedge fund space as the co-founder of Sector Asset Management, where he remains a shareholder. While...

Ress Launches Euro Feeder as Life Settlements Enter a Higher-Return Regime

In the decade leading up to 2023, Ress Life Investments generated annualized returns in excess of 6 percent in a persistently low interest rate...

Data, AI, and the Quest for Edge in Hedge Funds

When boarding a plane, most passengers instinctively glance into the cockpit. Even though modern aircraft largely operate on autopilot, the presence of a pilot...

Tidan NOVA Profiting from Volatility Skew as Market Participants Seek Protection

Tidan Capital’s evolution into a multi-strategy platform reflects a broader effort to deliver complementary sources of alpha, with its NOVA strategy serving as a...

Building Liquidity Around an Illiquid Core at Aars

Morten Christensen, Chief Financial Officer of Norwegian family office Aars, has effectively built the structure of the investment management of the family office from...

Elo’s Slow-Moving Hedge Fund Portfolio Built Around Access

Soon after Kari Vatanen joined Finnish pension insurer Elo as Head of Asset Allocation and Alternatives, he praised the team behind the firm’s hedge...

Latest Articles

Elo’s Slow-Moving Hedge Fund Portfolio Built Around Access

Soon after Kari Vatanen joined Finnish pension insurer Elo as Head of Asset Allocation and Alternatives, he praised the team behind the firm’s hedge...

The New Coda: From Intuition to a Unified Investment Process

Peter Andersland is best known in the Nordic hedge fund space as the co-founder of Sector Asset Management, where he remains a shareholder. While...

When Diversification Fails: Qblue’s Case for Alternative Risk Premia

The notion that a traditional 60/40 portfolio offers meaningful diversification has long been questioned by practitioners. When implementing the Total Portfolio Approach at Danish...

Tidan NOVA Profiting from Volatility Skew as Market Participants Seek Protection

Tidan Capital’s evolution into a multi-strategy platform reflects a broader effort to deliver complementary sources of alpha, with its NOVA strategy serving as a...

Extracting Alpha from the Factor Zoo Through Systematic Investing

There are multiple ways to approach equity investing and, ultimately, the pursuit of alpha. While many strategies rely on market direction or discretionary stock...

Apoteket CIO Leans on Hedge Funds for High Sharpe

Gustav Karner, Chief Investment Officer of Apoteket’s Pension Fund since 2017, has delivered one of the highest Sharpe ratios among Sweden’s largest institutional investors,...
- Advertisement -