Stockholm (HedgeNordic) – HedgeNordic is delighted to announce the nominees for the 2022 Nordic Hedge Award. The annual distinction is set to distinguish outstanding hedge fund managers from and active in the Nordic region. Nominees were determined using a quantitative model co-developed with the Swedish House of Finance at the Stockholm School of Economics.
All funds with a minimum track record of 36 months that are listed in the Nordic Hedge Index are considered for the main award categories at the Nordic Hedge Award. The nominees were selected using a model that translates a set of performance-related metrics for each fund into a quant score. These metrics include last year’s absolute performance, relative performance in 2022 (respective to relevant NHX sub-categories), as well as Sharpe ratio, skewness (as a measure of downside risk), and absolute performance over a 36-month period.
Each of these five metrics has different weights in the model. The five funds with the highest combined quant scores in each category are nominated for the Nordic Hedge Award. The list of nominees will be handed to a jury board comprised of Nordic allocators, who will provide a qualitative-based scoring for each fund to determine the final ranking. Awards will be presented to the top three ranked funds of each category.
We are thrilled that the final event of the 2022 Nordic Hedge Award will take place in the flesh, with the winners set to be announced on April 19th, 2023 in Stockholm. See the full list of nominees below.
Nominees – Best Nordic Equity Hedge Fund 2022
| Status | Fund | Manager | Country |
|---|---|---|---|
| Nominated | Alcur | Alcur Fonder | Sweden |
| Nominated | KLP Alfa Global Energi | KLP Kapitalforvaltning | Norway |
| Nominated | OAM Absolute Return Fund | Oslo Asset Management | Norway |
| Nominated | Oceanic Hedge Fund | Oceanic Investment Management | Norway |
| Nominated | Proxy Renewable Long/Short Energy | Proxy P Management | Sweden |
Nominees – Best Nordic Fixed-Income Hedge Fund 2022
| Status | Fund | Manager | Country |
|---|---|---|---|
| Nominated | Borea Obligasjon | Borea Asset Management | Norway |
| Nominated | Carlsson Norén Macro Fund | Carlsson Norén Asset Management | Sweden |
| Nominated | Excalibur Fixed Income | Excalibur Asset Management | Sweden |
| Nominated | Nordea European Rates Opportunity Fund | Nordea Asset Management | Denmark |
| Nominated | Scandinavian Credit Fund I | Skandinaviska Kreditfonden | Sweden |
Nominees – Best Nordic Diversified Hedge Fund 2022
| Status | Fund | Manager | Country |
|---|---|---|---|
| Nominated | Asset Opportunities | Asset Advisor Fondsmæglerselskab | Denmark |
| Nominated | Danske Invest Global Cross Asset Volatility | Danske Bank Asset Management | Denmark |
| Nominated | Formue Nord Fokus | Formue Nord | Denmark |
| Nominated | Ress Life Investments | Resscapital | Sweden |
| Nominated | Svelland Global Trading Fund | Svelland Capital | Norway |
Nominees – Best Nordic Managed Futures / CTA Fund 2022
| Status | Fund | Manager | Country |
|---|---|---|---|
| Nominated | Estlander & Partners Alpha Trend | Estlander & Partners | Finland |
| Nominated | Lynx (Sweden) | Lynx Asset Management | Sweden |
| Nominated | RPM Evolving CTA Fund | RPM Risk & Portfolio Management | Sweden |
| Nominated | SEB Asset Selection | SEB Asset Management | Sweden |
| Nominated | Volt Diversified Alpha Fund | Volt Capital Management | Sweden |
Nominees – Best Nordic Multi-Manager Hedge Fund 2022
| Status | Fund | Manager | Country |
|---|---|---|---|
| Nominated | AIM Diversified Strategies Fund | AIM Capital | Finland |
| Nominated | Brummer Multi-Strategy | Brummer & Partners | Sweden |
| Nominated | Carnegie Vega | Carnegie Fonder | Sweden |
| Nominated | R2 Crystal Fund | OP Fund Management | Finland |
| Nominated | Secure Hedge | Secure Spectrum | Denmark |
Nominees – Best Nordic Hedge Fund (Overall) 2022
| Status | Fund | Manager | Country |
|---|---|---|---|
| Nominated | KLP Alfa Global Energi | KLP Kapitalforvaltning | Norway |
| Nominated | OAM Absolute Return Fund | Oslo Asset Management | Norway |
| Nominated | Oceanic Hedge Fund | Oceanic Investment Management | Norway |
| Nominated | Proxy Renewable Long/Short Energy | Proxy P Management | Sweden |
| Nominated | Svelland Global Trading Fund | Svelland Capital | Norway |
More details about the Nomination Process at the Nordic Hedge Award
Congratulations to all nominated funds!
The Nordic Hedge Award is supported by these fine entities: CME Group, RBC I&TS, Harvest Advokatbyrå, Efficient Capital and The Swedish House of Finance.
