- Advertisement -

Related

Nordic Multi-Strat HFs Achieve Best Month in Four Years

- Advertisement -

Stockholm (HedgeNordic) – Nordic multi-strategy hedge funds kicked off 2019 with strong gains, achieving the group’s second-best January on record. The NHX Multi-Strategy, the most diverse and inclusive strategy category in the Nordic Hedge Index (NHX), gained 1.9 percent last month (98 percent reported).

Speedometer: The January performance of the NHX Multi-Strategy Index relative to its best and worst monthly performance since 2010. Source: HedgeNordic.

The NHX Multi-Strategy comprises hedge funds that cannot be easily assigned to any of the other four strategy sub-categories: equities, fixed income, CTAs or fund of funds. Most members of the multi-strategy group, however, contain hedge funds that invest across a range of asset classes or strategies in attempts to achieve their return and other investment objectives.

Similar to their Nordic counterparts, international multi-strategy hedge funds enjoyed good gains in January. The Eurekahedge Multi-Strategy Index, which reflects the average performance of 282 multi-strategy hedge funds, was up 2.3 percent last month. The HFN Multi-Strategy, which includes multi-strategy funds from eVestment’s database of hedge funds, gained 1.8 percent. The Barclay Multi-Strategy Index, meanwhile, advanced an estimated 2 percent in January, based on reported data from 99 funds.

Around 80 percent of the funds part of the NHX Multi-Strategy reported gains for January. UB Real REIT, an alternative investment fund investing in listed real estate investment trusts (REITs), property development companies, as well as fixed-income instruments issued by these companies, gained 12.4 percent in January, erasing much of last year’s decline of 13.4 percent. This was the fund’s best month since its inception in June 2012.

Four multi-strategy hedge funds managed by Danish asset manager Formuepleje completed the list of top five performers. Formuepleje Penta and Epikur, both nominated for the EuroHedge Awards 2018 that took place in January, were up 10.1 percent and 10.4 percent, respectively. Formuepleje Safe and Pareto, meanwhile, advanced 8.5 percent and 6.7 percent, correspondingly.

 

Picture © Vintage-Tone—shutterstock

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

Visio Allocator Delivers Record Month on AI Chip Rally

After a more muted, albeit still challenging, first quarter, multi-strategy fund Visio Allocator regained momentum starting in April and delivered its strongest month on...

Colosseum’s Difficult Stretch Continues as Co-Portfolio Manager Departs

After a volatile journey since launching in mid-2025, Colosseum Global Alpha has suffered two consecutive months of steep losses, leaving the fund down more...

CABA Offers Another Roll Down the Curve

CABA Capital has launched the fourth iteration of its Flex strategy, a three-year closed-ended AAA-yield premium strategy designed to harvest roll-down and pull-to-par effects...

Even Steven for Nordic CTAs in Mediocre May

May was another month characterized by reversals and cross-asset volatility. Strong momentum in U.S. equities contrasted with directionless moves across other markets, creating a...

Rhenman Doubles Down on Smaller Healthcare Innovators with New Fund

Many of healthcare’s most transformative breakthroughs often originate not from established industry giants, but from smaller companies developing new technologies, therapies, and treatment approaches....

Always Opportunities Applies Traditional Credit to an Underserved Market

The origins of Always Opportunities can be traced back to a bond transaction involving mobility company Voi. What initially brought together founders, venture capital...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -