- Advertisement -
- Advertisement -

Related

Nordea Changes Name of European Rates Opportunity

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Just over five years after its launch, Nordea’s European Rates Opportunity Fund is being renamed Global Rates Opportunity Fund to better reflect its global exposure. While the investment universe, investment strategy and process have not changed, the new name highlights the fund’s flexibility in seizing opportunities across global fixed-income markets. Since mid-2019, the fund has delivered an annualized return of 8.8 percent without a single down year, growing its assets under management to €344 million.

“This change has been implemented to better reflect the global exposure of the fund for investors, which has always been the case since the fund’s inception in 2019,” explains the team at Nordea Asset Management. “With the markets evolving, we want to have the flexibility to exploit new opportunities without constraints. That’s why we removed the constraints on ‘a minimum two-thirds allocation to European Bonds’ and changed the name accordingly.”

“With the markets evolving, we want to have the flexibility to exploit new opportunities without constraints. That’s why we removed the constraints on ‘a minimum two-thirds allocation to European Bonds’ and changed the name accordingly.”

The investment team remains unchanged, and neither the strategy nor the investment process will be affected. The fund will officially adopt the name Global Rates Opportunity Fund at the end of March. Managed by Nordea Asset Management’s Fixed Income Rates Team (pictured), the fund has traditionally focused on capturing alpha from relative value opportunities within European covered bonds rather than relying on directional positions.

Nordea’s European Rates Opportunity Fund has delivered an annualized return of 8.8 percent since its launch in mid-2019, maintaining a perfect track record with no negative years. It was a standout performer in the Nordic fixed-income hedge fund space in 2022 with a return exceeding 10 percent, when most other funds incurred losses. After a relatively flat 2023, rebounded strongly in 2024, gaining 18.8 percent. The fund oversees about €344 million in assets under management. In mid-2024, Nordea launched a separate Global Rates Opportunity Fund, which currently oversees an additional €25 million in assets.

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

Pasi Havia Bids Farewell to HCP, Quant Strategy Carries On

After more than a decade at Helsinki Capital Partners (HCP), portfolio manager Pasi Havia has stepped down from his role, leaving behind the management...

Fresh Talent, New Funds: ALCUR Expands Reach in Retail Segment

After a wave of portfolio manager hires earlier this year, stock-picking fund boutique ALCUR Fonder is preparing to launch several new funds aimed at...

Quirky Questions for Kathryn Kaminski (AlphaSimplex)

Not every hedge fund conversation needs to revolve around performance charts or trade execution. In HedgeNordic’s Quirky Questions series, we look beyond the strategies to the...

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

Rettig Appoints Crescit Manager to Oversee Hedge Fund Strategies

Simon Borgefors has joined Finnish family-owned investment company Rettig as Investment Director for hedge fund strategies in Stockholm, leaving Swedish hedge fund boutique Crescit...

€5m Ticket to Nordic High Yield From German Family Office

A German family office plans an initial €5 million commitment to a UCITS‑compliant Nordic high‑yield fund, with capacity to scale over time. According to...

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.