The Nordic Hedge Award is an industry award aimed to distinguish outstanding hedge fund managers in the Nordic region.
One of the main goals is to raise the awareness, understanding, appreciation and reputation of hedge funds in the general public and the financial community.
A distinct characteristic of the Nordic Hedge Award is the use of a professional Jury. The Nordic Hedge Award is not a pure performance ranking award. In a two step process, the organizer determines a short list of five funds per category based on weighted key figures, such as absolute performance, volatility, Sharpe ratio,relative performance in peer group, consitancy of returns etc.
A professional jury will then determine the winners and runners up of the respective categories by awarding points on discretion to the shortlisted funds and managers. For a more detailed overview of the responsibilities of the Jury and composition oft he Jury board, please click here: Jury.
The Nordic hedge fund univerese will be split up into subcategories. For a more detailed overview of the categories for the Nordic Hedge Award and the qulification criteria please click here: award categories.