Stockholm (HedgeNordic) – Nordic hedge funds gained an estimated 1.3% in November bringing the NHX Composite to a year-to-date performance of 4.2%.
CTA/Managed Futures was by far the best performing strategy group adding 5.1% during the month powered by strong trends in energies, equities and fixed income. Having experienced some wild swings in October, equity markets regained strength in November helping Nordic equity hedge and multi strategy funds to a decent month. Fixed income was the only strategy group posting losses during the period.
The monthly report on the Nordic hedge fund universe can be found here: NHX Nov 2014