Nominations: Best Nordic FoHF 2013

Calculations have been completed for determining the short list of nominated funds for the 2013 Nordic Hedge Award.

The data determining the short list was drawn from the NHX database, on 162 funds listed in the defined universe, normalized and weighted. The model for these calculations was co-developed by HedgeNordic and a PhD student assigned to the project by Stockholm School of Economics, HHS. The combined data was translated to a point-score system.
Funds disregarded in the calculations typically did not meet at lest one of these criteria:
  • Minimum AuM USD 25 Million
  • Trackrecord of at least 18 months by Dec 31 2013
Criteria used for determining short list:
  • Absolute Performance 2013
  • Performance 2013 Relative to relevant NHX sub-index (eg: a CTAs performance relative to the NHX CTA sub-index)
  • Sharpe Ratio 2013 (Risk Free: 0)
  • Sharpe Ratio 5 yrs (Risk Free: 0)
  • Annualised, long term performance (5 yrs pre 2013)
  • Number of positive months 2013

Nominated Funds in the Category Best Nordic Fund of Hedge Funds 2013 are:

Hedge Award FavIcon Management Company Fund
Sweden SEB SEB True Market Neutral
Sweden Brummer Multi-Strategy AB Brummer Multi Strategy
Sweden DNB DNB Prisma
Sweden Merrant Fonder AB Merrant Alpha Select SEK
Norway Sector Asset Management Sector Polaris


Funds are listed in random order.

Picture: (c) grossartiger—


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