- Advertisement -

Related

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Powering Hedge Funds

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank Asset Management, along with the one of Calculo Capital, have been acknowledged for their strong, risk-adjusted performance across multiple time periods.

Calculo Capital

Calculo Evolution Fund, a pure commodity trend-following strategy based in Denmark, was awarded Best Performing Trend Follower – Commodities Fund over both three- and six-year periods. These time frames include the fund’s standout year in 2022, as well as the more challenging environments of 2023 and 2024 for trend-following strategies. While many trend-following funds suffered setbacks following the strong 2022, Calculo Evolution Fund demonstrated resilience – declining only 2.2 percent in 2023 and delivering a 1.5 percent gain in 2024 after its strongest annual return of 15.1 percent in 2022.

“We are honored by this recognition and remain committed to delivering uncorrelated, risk-managed returns for our investors.”

“This award is a testament to the consistency, resilience, and long-term performance of our strategy in the commodities space,” comments Philip Engel Carlsson, portfolio manager and CEO at Calculo Capital. “We are honored by this recognition and remain committed to delivering uncorrelated, risk-managed returns for our investors.”

Danske Bank Asset Management

Two hedge funds from Danske Bank Asset Management were also honored for their performance. Danske Invest Global Cross Asset Volatility, a multi-asset, multi-strategy fund employing volatility-focused strategies, received the award for Best Performing Fund over one, two, three, four, and five years in the “Cross Asset Volatility (Hybrid Discretionary and Systematic)” category. Meanwhile, Danske Invest Global Alternative Opportunities, which seeks to capture alternative risk premia across asset classes, was awarded Best Performing Fund for its performance in 2024 and over the past two years in the “Alternative Risk Premia” category.

“This is yet another recognition of their investment skills and our strong market position in hedge funds, which has also attracted significant inflows from institutional clients this year.”

“I’m really excited for the portfolio management teams,” says Thomas Gade, Head of Quant & Overlay at Danske Bank Asset Management. “This is yet another recognition of their investment skills and our strong market position in hedge funds, which has also attracted significant inflows from institutional clients this year.”

Methodology

The Hedge Fund Journal CTA and Discretionary Trader Awards are based on quantitative analysis of risk-adjusted returns across various categories and time periods. Only the top-performing funds, based purely on data, are invited to participate. If a fund declines to participate, the award category is omitted rather than passed on to the next-best performer.

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

Colosseum’s Rollercoaster Start Gives Way to Strong Rebound

Early investors in the freshly launched Colosseum Global Alpha have experienced a rollercoaster ride in recent months, though the latest stretch has been largely...

Nordic CTAs Thrive in February’s Volatile Macro Landscape

February proved to be another favorable month for Nordic CTA managers, leaving CTAs as the best-performing sub-strategy in the Nordic Hedge Index so far...

Core, Satellite, and Structural Premiums: PensionDanmark’s Approach to Emerging Market Debt

Many institutional investors have gradually internalized mandates once awarded to external managers, seeking tighter cost control, greater transparency, and improved alignment. Emerging market debt...

PIMCO: Similar Yields, Better Risk Profile in European High Yield

The U.S. high yield market has long been regarded as the global benchmark: deeper, more liquid, and broader in sector composition. For many allocators,...

Avoiding the Echo Chamber: Kraft’s Playbook in Tighter High-Yield Market

Delivering strong returns during a market rebound is one thing. Preserving performance momentum once spreads tighten and dispersion fades is another. That was the...

Tidan Deepens Volatility Arbitrage Expertise

Tidan Capital has strengthened its volatility and options arbitrage platform with the appointment of Laurent Keller as Senior Portfolio Manager. The Stockholm-based hedge fund...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -