Stockholm (HedgeNordic) – After taking six paremeters into account for the quantative analysis, and evaluating them long and short term, absolute and relative to the respective sub indices and the qualitative input by six jury members, 3rd place in the category “Best Nordic Hedge Fund 2014 (over all)” turned out to be a dead tie between Swedish Rhenman & Partners Equity L/S and Danish fixed income fund Asgard. Both funds had won first place in their respective categories, “Best Nordic Equity Hegde Fund 2014” for Rhenman and “Best Nordic Fixed Income Hegde Fund 2014” for Asgard.
Rhenman & Partners in 2014 also won the “HedgeNordic Performance Award” which goes to the fund with the highest net performing fund, over all sub strategies.
Second place in the category “Best Nordic Hedge Funds 2014 (over all)” went to Norwegian Taiga, which maybe was the dark horse of the night. Taiga manages a concentrated long / short equity portfolio of primarily Norwegian small cap stocks, and had just announced the company’s board will limit inflow to the fund to monthly deposits of NOK 50 million. Already in 2012 Taigas CEO, Ola Wessel-Ass announced this once total AuM would reach two billion NOK .
Winner of the category and distinguished as “Best Nordic Hedge Fund 2014 (over all)” was Stockholm based CTA Lynx. The fund, out of the Brummer & Partners family, today manages in excess of six billion USD and is one of the largest CTAs in the world.
Picture: (c) Nikals Akesson for HedgeNordic