New Hedge Funds in the Nordics

Stockholm (HedgeNordic) – Contrary to anecdotal evidence, the hedge fund industry appears to be growing as new players are joining the hedge fund arena. Four hedge funds have been included in the Nordic Hedge Index (NHX) since mid-March, one of which was launched at the beginning of 2018. An additional eight hedge funds were added to the NHX during December and January, with most of those funds having been launched throughout 2017 (click here for more details). The NHX fund universe currently includes a total of 160 funds.

Brief introductions to the four new NHX additions can be found below:

SEB Eureka Fixed Income Relative Value

SEB Investment Management launched the SEB Eureka Fixed Income Relative Value Fund with seed funding of more than DKK 1 billion at the beginning of the year, with the fund going live on January 15 and its institutional share class being launched at the end of March. The fund aims to generate high absolute returns by taking advantage of relative value opportunities in Scandinavian fixed-income markets, predominantly in the Danish market.

Othania Invest A/S

Othania Invest A/S employs a proprietary algorithm executing a tactical allocation between U.S. stocks and U.S. bonds on a monthly basis. The investment strategy evaluates leading indicators on economic activity, interest rates and stock market movements to calculate the risk for the subsequent month. The strategy allocates 100% to U.S. stocks if the risk level is positive or allocates 100% to U.S. bonds if the risk level is negative. The goal of the strategy is to generate absolute returns in all market environments through this full risk-on/risk-off approach.

Trient Dynamic Multi-Asset Fund

Trient Dynamic Multi-Asset Fund is a multi-asset UCITS hedge fund that invests in equities, bonds, and currencies globally. The fund seeks to generate returns by exploiting time-varying risk premiums through dynamic exposure to asset classes, risk factors and single assets in financial markets. The fund constructs the portfolio with an emphasis on valuation and risk-reward characteristics. Trient Asset Management, which manages the Trient Dynamic Multi-Asset Fund, became a part of Sector Asset Management on January 1, 2017.

Genio ADEPTO

The Genio ADEPTO Fund is a global diversified alpha program focusing on short-term cyclical investor behavior and longer-term market imbalances in global futures and equities markets. The program uses both price and fundamental data to dynamically identify and capture these opportunities through three programs overseen by Genio Capital (PRIMO, NOVUS and EMINEO), investing in over 30 futures markets and more than 1,500 stocks worldwide. The Genio ADEPTO Fund is a collection of quantitative trading strategies running on global markets.

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