Nominations for the 2021 Nordic Hedge Award

HedgeNordic ranked all funds eligible for nomination according to a calculation model co-developed with the Swedish House of Finance at the 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 2021
  • Relative Performance 2021 (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 2021 Nordic Hedge Award will be announced on April 27th in Stockholm. Listed below are the nominated funds for the 2021 Nordic Hedge Award. Funds are listed in alphabetical order.

Learn more about the Jury members for the 2021 Nordic Hedge Award: The Jury

Nominees – Best Nordic Equity Hedge Fund 2021

StatusFundManagerCountry
NominatedAccendoAccendo CapitalSweden
NominatedAlcur SelectAlcur FonderSweden
NominatedLucerne Nordic FundLucerne Capital ManagementU.S.
NominatedOAM Absolute Return FundOslo Asset ManagementNorway
NominatedSymmetry InvestSymmetry InvestDenmark
All funds listed in alphabetical order

Nominees – Best Nordic Fixed Income Hedge Fund 2021

StatusFundManagerCountry
NominatedDanske Invest Fixed Income Global ValueDanske Bank Asset ManagementDenmark
NominatedDanske Invest Hedge Fixed Income StrategiesDanske Bank Asset ManagementDenmark
NominatedExcalibur Fixed IncomeExcalibur Asset ManagementSweden
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 2021

StatusFundManagerCountry
NominatedFormue Nord FokusFormue NordDenmark
NominatedNordea 1 – Alpha 15 MA FundNordea Asset ManagementDenmark
NominatedOthania Etisk FormuevækstOthaniaDenmark
NominatedPlain Capital BronXAIFM CapitalSweden
NominatedRess Life InvestmentsResscapitalSweden
All funds listed in alphabetical order.

Nominees – Best Nordic CTA 2021

StatusFundManagerCountry
NominatedEstlander & Partners Alpha TrendEstlander & PartnersFinland
NominatedEstlander & Partners FreedomEstlander & PartnersFinland
NominatedLynx (Sweden)Lynx Asset ManagementSweden
NominatedSEB Asset SelectionSEB Asset ManagementSweden
NominatedVolt Diversified Alpha FundVolt Capital ManagementSweden
All funds listed in alphabetical order.

Nominees – Best Nordic Fund of Hedge Funds 2021

StatusFundManagerCountry
NominatedAIM Diversified Strategies FundAIM CapitalFinland
NominatedAtlant Multi-StrategyAtlant FonderSweden
NominatedBrummer Multi-StrategyBrummer & PartnersSweden
NominatedR2 Crystal FundOP Fund ManagementFinland
NominatedSecure HedgeAlternative Equity PartnersDenmark
All funds listed in alphabetical order.

Nominees – Best Nordic Hedge Fund 2021 (Overall)

StatusFundManagerCountry
NominatedAccendoAccendo CapitalSweden
NominatedAlcur SelectAlcur FonderSweden
NominatedLucerne Nordic FundLucerne Capital ManagementU.S.
NominatedOAM Absolute Return FundOslo Asset ManagementNorway
NominatedSymmetry InvestSymmetry InvestDenmark
All funds listed in alphabetical order

Performance Award 2021 – 12 Months

FundManagerPerformance
UndisclosedUndisclosedUndisclosed
Best performing Nordic hedge fund over 12 months up to December 31, 2021

Performance Award 2021 – 36 Months

FundManagerPerformance
UndisclosedUndisclosedUndisclosed
Best performing Nordic hedge fund over 36 months up to December 31, 2021

Performance Award 2021 – 60 Months

FundManagerPerformance
UndisclosedUndisclosedUndisclosed
Best performing Nordic hedge fund over 60 months up to December 31, 2021