- Advertisement -

Related

Nordic hedge funds in recovery mode in March – CTAs weighed

- Advertisement -

Stockholm (HedgeNordic) Nordic hedge funds, as estimated by the NHX Composite Index, gained an estimated 0.1% in March 2016 bringing year-to-date performance to -0.6%.

The month was characterized by an improved market sentiment sending risk assets and the price of oil higher. This benefited equity and fixed income strategies while hurting managed futures strategies. NHX CTA was the worst performing sub-category giving back part of the gains seen in January and February, the strategy group is however still the big winner of the year so far. CTA losses were balanced by gains among fixed income managers and a recovery in equity linked strategies.

Among individual names Sector Zen (+6%), Storm Bond Fund (+6%) and Danske Invest Hedge Fixed Income (+5.1%) were the best performers.

Year-to-date top performers are still dominated by CTAs with Estlander Alpha Trend Class II (18.3%), RPM Evolving Fund (+10.1%) and IPM Systematic Macro (+10.1%) in top three.

Full report to be viewed here: NHX March 2016

Picture (c): TischenkoIrina – shutterstock.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

OP’s R2 Crystal Sees Stronger Case for Hedge Funds

For much of the past decade, hedge funds struggled to compete against strong beta-driven markets fueled by ultra-low interest rates and abundant liquidity. But...

Three Years In, Impega’s Formula Remains Agility

Equity hedge fund Impega marked its three-year anniversary this May, concluding the period with annualized returns of approximately 35 percent. According to founder and...

Protean Select Hits SEK 1 Billion Capacity Ceiling

Just months after reducing the capacity of Protean Select to SEK 1 billion, Protean Funds Scandinavia has reached the threshold and decided to suspend...

Qblue and Mandatum Recognized at CTA and Discretionary Awards

Two Nordic hedge funds have been recognized at the CTA and Discretionary Trader Awards 2026, organized by The Hedge Fund Journal. Qblue Balanced’s Qblue...

CTAs and Alpha Generation: Is Efficient Implementation the Answer?

By Andrew Beer, Co-Founder of DBi: After a decade of studying CTAs, we have drawn three conclusions about the nature of their alpha generation. At the...

“There Are Weeks When Decades Happen”: Asilo’s Best Month Since Launch

As the saying often attributed to Vladimir Lenin goes, “There are decades where nothing happens; and there are weeks when decades happen.” That is...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -