www.hedgenordic.com - july 2019
Active Hedge Funds
40
Fraction of hedge funds with positive returns in Q2 2019
Top performing hedge funds in Q2 2019
38
in Q1
Nykredit EVIRA Hedge Fund
9.1%
Formue Nord Markedsneutral
8.7%
Asgard Credit Fund
4.7%
Formuepleje Penta
3.5%
Midgard Fixed Income Fund
3.2%
65.0% Performance dispersion in Q2 2019
Average 12-month Sharpe ratio
0.49
5.4%
0.88
Top 30%
4.0%
Bottom 30%
-1.4%
Average 12-month correlation with the S&P 500
Performance Comparison: Danish Hedge Funds versus NHX Composite 7.0%
6.2%
5.8%
6.0%
5.2%
5.0%
4.2%
4.0% 3.0%
1.4%
2.0% 1.0% 0.0%
Annualized 60-m return
Annualized 36-m return
Annualized 24-m return
NHX Denmark
Largest Danish Hedge Funds Jun 2019, EUR
1 YoY Δ
Nordea 1 - Alpha 10 MA
2.30 Billion
+26%
Nordea 1 – Alpha 15 MA
1.57 Billion
+53%
DI Hedge Fixed Income Strategies
1.06 Billion
-2%
12-m return
Q2 2019 Return
NHX Composite
Hedge Hunds by Strategy Multi-Strategy 15 Fixed-income 18
CTA 2
40
Equities 4 Fund of funds 1 PAGE
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