Nominations for 2020 Nordic Hedge Award

HedgeNordic ranked all funds eligible for nomination according to a calculation model co-developed with Stockholm School of Economics based on data drawn from the HedgeNordic databases and the Nordic Hedge Index. This quantitative model weights various parameters of all funds with a minimum track record of 36 months to determine a shortlist for each respective strategy sub-category and the broader universe. A quant-based score for each eligible fund is determined by considering short-term absolute performance, short-term performance in relation to its respective strategy sub-category, 36-month skewness, long-term absolute performance and long-term risk-adjusted returns.

  • Absolute Performance 2020
  • Relative Performance 2020  (Respective to the relevant NHX Sub-Index)
  • Sharpe Ratio – 36 monhts
  • Absolute Performance – 36 months
  • Skewness – 36 months

The top five scorers in each category are defined as “shortlisted” and are nominated for the Nordic Hedge Award. The shortlist may be extended by additional funds for (a) any fund that scores 85% of points achieved of the highest point scorer (b) any fund that scores 90% of points achieved by the third-ranked fund. The shortlist then will be handed to Jury members, who will then award his or her score for each respective fund by considering a wide range of qualitative and quantitative factors. And finally, the quantitative and qualitative scores are put in an equal footing by being normalized and equally weighted to determine the final rankings, and thus the winners and runners up to the Nordic Hedge Award.

The winners of the 2020 Nordic Hedge Award will be announced during week 17, from April 19 to April 23, via a virtual award ceremony. Listed below are the nominated funds for the 2020 Nordic Hedge Award (updated as of February 26, 2021). Funds are listed in alphabetical order.

Learn more about the Jury members for the 2020 Nordic Hedge Award: The Jury

Nominees – Best Nordic Equity Hedge Fund 2020

StatusFundManagerCountry
NominatedAccendo CapitalAccendo CapitalSweden
NominatedAdrigo Small & Midcap L/SAdrigo Asset ManagementSweden
NominatedCARN LatitudeCARN CapitalNorway
NominatedHCP Focus FundHelsinki Capital PartnersFinland
NominatedLucerne Nordic FundLucerne Capital ManagementU.S.
All funds listed in alphabetical order

Nominees – Best Nordic Fixed Income Hedge Fund 2020

StatusFundManagerCountry
NominatedAsgard Fixed Income FundMoma AdvisorsDenmark
NominatedAsgard Fixed Income Risk PremiaMoma AdvisorsDenmark
NominatedCABA HedgeCABA CapitalDenmark
NominatedScandinavian Credit Fund ISkandinaviska KreditfondenSweden
NominatedSEB Eureka Fixed Income Relative ValueSEB Investment ManagementDenmark
All funds listed in alphabetical order.

Nominees – Best Nordic Multi-Strategy Hedge Fund 2020

StatusFundManagerCountry
NominatedAtlant PreciousAtlant FonderSweden
NominatedFormue Nord MarkedsneutralFormue NordDenmark
NominatedNordic Cross Stable ReturnNordic Cross Asset ManagementSweden
NominatedRess Life InvestmentsResscapitalSweden
NominatedVISIO Allocator FundVisio VarainhoitoFinland
All funds listed in alphabetical order.

Nominees – Best Nordic CTA 2020

StatusFundManagerCountry
NominatedEstlander & Partners FreedomEstlander & PartnersFinland
NominatedLynx (Sweden)Lynx Asset ManagementSweden
NominatedRPM Evolving CTA FundRPM Risk & Portfolio ManagementSweden
NominatedShepherd Energy PortfolioShepherd EnergySweden
NominatedVolt Diversified Alpha FundVolt Capital ManagementSweden
All funds listed in alphabetical order.

Nominees – Best Nordic Fund of Hedge Funds 2020

StatusFundManagerCountry
NominatedAIM Diversified Strategies FundAIM CapitalFinland
NominatedAtlant Multi-StrategyAtlant FonderSweden
NominatedBrummer Multi-StrategyBrummer & PartnersSweden
NominatedDanske Invest Eliksir FoHFDanske Invest Fund ManagementFinland
NominatedOPM VegaOptimized Portfolio Management (OPM)Sweden
All funds listed in alphabetical order.

Nominees – Best Nordic Hedge Fund 2020 (Overall)

StatusFundManagerCountry
NominatedAccendo CapitalAccendo CapitalSweden
NominatedFormue Nord MarkedsneutralFormue NordDenmark
NominatedHCP Focus FundHelsinki Capital PartnersFinland
NominatedLucerne Nordic FundLucerne Capital ManagementU.S.
NominatedVolt Diversified Alpha FundVolt Capital ManagementSweden
All funds listed in alphabetical order.

Performance Award 2020 – 12 Months

FundManagerPerformance
UndisclosedUndisclosedUndisclosed
Best performing Nordic hedge fund over 12 months up to December 31, 2020

Performance Award 2020 – 36 Months

FundManagerPerformance
UndisclosedUndisclosedUndisclosed
Best performing Nordic hedge fund over 36 months up to December 31, 2020

Performance Award 2020 – 60 Months

FundManagerPerformance
UndisclosedUndisclosedUndisclosed
Best performing Nordic hedge fund over 60 months up to December 31, 2020