The hedge fund industry is operating at a moment where complexity is no longer cyclical, but structural. Technology stacks are deeper, investor expectations sharper, regulation heavier, and the margin for operational error is thinner . In this environment, performance alone is no longer enough. Infrastructure, governance, data discipline and service quality have become decisive sources of competitive advantage.
(EM)Powering Hedge Funds brings these realities into focus. This special report explores how Nordic and European hedge fund managers are adapting their operating models to meet a market defined by rapid innovation, institutional scrutiny and rising demands for transparency. Through interviews, thought leadership and practitioner insight, the paper examines how funds are rethinking everything from liquidity and data to governance frameworks and service partnerships to ensure resilience and scalability in the years ahead.
Please find the report here. Happy reading!
The issue opens with “Powering the Hedge Funds – A Fireside Discussion”, presented in collaboration with CWAN. In this in-depth conversation between Stephen Roberts of CWAN and Serge Houles of Tidan Capital, the focus is on how Nordic managers are aligning portfolio strategy with institutional-grade operating models. The discussion explores SMAs, data governance and transparency, and why operational consistency is increasingly central to winning mandates in a consolidating market.
In “Asset Tokenisation: Democratising Nordic Hedge Fund Access and Enhancing Liquidity”, contributed by CACEIS, Johan Lindberg examines how blockchain and tokenisation could reshape hedge fund distribution and liquidity. The article looks beyond the headlines to outline practical regulatory considerations, operational frameworks and how tokenisation may expand investor access while strengthening capital stability for managers.
“A Story of Data in the Age of Data Deluge”, by Harold de Boer of Transtrend, takes a more philosophical turn. It challenges the assumption that more data automatically leads to better decisions, arguing instead that markets are driven by narratives as much as numbers. The piece offers a rare reflection on how quantitative managers should think about data, stories and human behaviour in an era of overwhelming information.
Operational service quality comes into sharp focus in “Service Is Critical in Complex Environments”, written by MAIA Technologies. The article argues that technology alone is insufficient without responsive, relationship-driven service. As hedge funds grow more complex, continuity, accountability and close partnership are presented as strategic necessities rather than optional extras.
Governance takes centre stage in “From PDF to Platform: Why Governance Needs a System, Not a Folder”, by North House. Sofia Beckman outlines why traditional, document-based governance frameworks are no longer fit for purpose under today’s regulatory and operational demands. The article makes the case for governance as a living system that is structured, auditable and embedded into daily operations.
The paper also includes a Nordic COO Roundtable Summary, bringing together senior operational leaders to discuss regulation, data architecture, SMAs and the practical use of AI. The discussion highlights an industry modernising with intent, balancing innovation with caution while recognising that standing still is no longer an option.
Together, these contributions form a practical and forward-looking examination of what it truly means to power hedge funds today. Not just through capital and ideas, but through the systems, partnerships and discipline that allow strategies to scale with confidence.
Enjoy the read! You can access the publication through the link below.

