- 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

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Atlant Funds Hold Up in May Despite Mistimed Market Call

Macroeconomic and market forecasts are notoriously difficult, even for experienced hedge fund managers. What matters more than being right, however, is ensuring that incorrect...

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.