- Advertisement -
- Advertisement -

Related

A New Chapter at the Nordic Hedge Award: ELO Joins the Ranks

Industry Report

- Advertisement -

For the first time, the Nordic Hedge Award will introduce a new category: Long-Only Equity Hedge Funds (ELO). This category aims to recognize strategies that, despite their long-only approach, exhibit key hedge fund-like characteristics. The addition of ELO reflects the evolving hedge fund landscape and responds to growing interest from investors and industry professionals who appreciate the value these funds bring.

The introduction of the Long-Only Equity Hedge Fund category at the Nordic Hedge Award follows the recent launch of a dedicated sub-index within the Nordic Hedge Index (NHX). While these funds do not engage in shorting like most traditional hedge funds, they share many fundamental aspects, including an AIF fund structure, the use of leverage and derivatives, portfolio concentration, hedge fund-like fee structures, origins as long/short spin-offs, and absolute return objectives. The inclusion of ELO as an additional category at the Nordic Hedge Award underlines HedgeNordic’s commitment to accurately reflecting the diverse nature of the Nordic alternative investment space.

The Nordic Hedge Award follows a structured and transparent evaluation process, combining quantitative performance analysis with qualitative assessments. The quantitative evaluation considers risk-adjusted returns and other key performance metrics, while the qualitative assessment is conducted by a jury of independent industry experts. This dual approach ensures that funds are recognized not only for their raw performance but also for their investment strategy, risk management, and overall contribution to the industry.

KvinnoKapital will be presenting the winners of the ELO category. This collaboration highlights a shared commitment to promoting excellence and diversity within the financial industry. KvinnoKapital, known for its advocacy in increasing female representation in asset management, brings a fresh and valuable perspective to the event.

The Nordic Hedge Award remains the leading event for the region’s hedge fund industry. With the introduction of the ELO category, HedgeNordic reinforces its commitment to recognizing and driving innovation in Nordic alternative investments. We look forward to celebrating the inaugural winners of this new category and witnessing the industry’s ongoing evolution.

Nominees – Best Nordic Equity Long-Only Hedge Fund 2024:

StatusFundManagerCountry
NominatedAsilo ArgoAsilo Asset ManagementFinland
NominatedBorea UtbytteBorea Asset ManagementNorway
NominatedCaptor Scilla Global EquityCaptor Fund ManagementSweden
NominatedHCP Focus FundHelsinki Capital PartnersFinland
NominatedStolt ExplorerStolt KapitalforvaltningNorway
All funds listed in alphabetical order

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.

Latest Articles

Peter Andersland Stays Cautious, Adds Convexity

Fund manager Peter Andersland had maintained a bearish economic outlook in recent quarters, and the tariff-related uncertainty and market volatility triggered by U.S. President...

Sissener Taps Mads Andreassen as Investment Manager

Norwegian fund boutique Sissener AS has strenghened its investment team with the appointment of Mads Andreassen as an investment manager, effective from the beginning...

From Trade Idea to Settlement: Tuning the Operational Engine to Unlock Performance Alpha

By Frank Glock, CRO, MAIA Technologies: Undoubtedly, performance alpha is seen as the universal standard for measuring the success of an investment firm. But...

How to Deal With Slippage

For any asset manager, as for managed futures traders, every fraction of a percent counts. Strategies are honed, backtested, and stress-tested across decades of...

From Selloff to Snapback: Policy Swings Define April for CTAs

In April 2025, the NHX CTA Index was down amid a major market selloff following U.S. President Donald Trump’s announcement of new tariffs, followed...

Sweden’s Hedge Fund Industry: Still a Nordic Powerhouse, But No Longer the Largest?

When strictly looking at the domicile of the management company, Sweden has been seen as home to Europe’s second-largest hedge fund hub by assets...

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.