- Advertisement -

Related

Beyond Shipping: Gersemi Develops Crypto Strategy

- Advertisement -

With years of experience as a sell-side analyst and later as a fund manager, Joakim Hannisdahl has developed deep expertise in shipping sectors and related equities. He applies that knowledge in running a long/short equity strategy through his asset management firm, Gersemi Asset Management. Alongside co-portfolio manager Fredrik Flem, Hannisdahl has also spent the past two years developing a new crypto-focused strategy based on an algorithm designed to generate returns in both rising and falling markets.

“While the primary objective behind establishing Gersemi Asset Management was to launch the Gersemi Shipping Fund, it was always our intention to expand the product portfolio beyond shipping,” says Joakim Hannisdahl, who transitioned to the buy side as a fund manager in 2021 after a career as a sell-side analyst covering the shipping sector. Hannisdahl launched his own asset management firm in 2023 to introduce the Gersemi Shipping Fund. Shortly after, he brought in portfolio manager Fredrik Flem to strengthen the investment team.

“While the primary objective behind establishing Gersemi Asset Management was to launch the Gersemi Shipping Fund, it was always our intention to expand the product portfolio beyond shipping.”

The portfolio management duo is now preparing to introduce a crypto-focused strategy they have been developing since 2024. The concept is built around a proprietary algorithm designed to trade cryptocurrencies and related derivatives with the goal of generating returns regardless of market direction. “The concept of the strategy aims to capitalise on price movements irrespective of direction and is indifferent to the underlying properties of cryptocurrencies and the drivers of price movements,” explains Hannisdahl. According to the team’s backtesting, the strategy exhibits low correlation not only with traditional asset classes such as equities and gold but also with cryptocurrencies themselves.

“The concept of the strategy aims to capitalise on price movements irrespective of direction and is indifferent to the underlying properties of cryptocurrencies and the drivers of price movements.”

The team at Gersemi has already deployed the strategy on a concept basis using proprietary capital. Following extensive testing and live implementation, the managers now believe it is the right time to engage with partners and investors about bringing the strategy to market.

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

Staffan Östlin Steps Down as Manager of Adrigo Small & Midcap L/S

Staffan Östlin is stepping down as portfolio manager of Adrigo Small & Midcap L/S, the Nordic small-cap stock-picking hedge fund he has managed since...

Equity Strategies Lead as Hedge Funds Deliver Strong First Half

Global hedge funds extended their winning streak in June, posting a third consecutive monthly gain and completing their strongest first half of the year...

Healthcare Rally Fuels Rhenman Healthcare Equity L/S

After two strong months for broader equity markets in April and May, investors took a breather in June. The healthcare sector, however, bucked the...

BlackRock Unveils Tactical Opportunities Plus for Macro Alpha

BlackRock has launched the BSF Tactical Opportunities Plus Fund, a new liquid alternatives UCITS strategy designed to meet growing investor demand for macro strategies...

Stronger Dollar Offsets Challenging Trend-Following Environment

The NHX CTA Index, tracking Nordic managers employing managed futures, trend-following, and systematic macro strategies, gained 0.6 percent in June, lifting its return for...

Meriti Launches Smart Ränta as Alternative to Bank Savings

A year after fixed-income boutique Carlsson Norén Asset Management and its investment team joined Meriti Capital, the Swedish asset manager is expanding its fixed-income...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -