C
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NHX Performance Review - July 2015
NHX Performance Review - July 2015
Month in Review
Top Performing Managers - July 2015
Nordic hedge funds gained an estimated 1.2 % in July, recovering from the losses experienced in June. Year-to-date, the NHX Composite stands at +4.4 %.
2013 2013
2 MTD
YTD
12M ROR
Total Return
St. Dev.
Sharpe
Estlander & Partners Alpha Trend II - Class P
10.35
8.00
55.15
8.49
11.33
0.22
July saw all strategy subsets bouncing back with CTAs and Multi-Strategy funds gaining the most. CTAs profited from a continued sell off in commodity markets, most notably within metals and energies.
HCP Focus Fund
7.61
25.85
44.84
83.24
3.90
1.76
Rhenman Healthcare Equity L/S IC1 (EUR)
6.52
37.89
75.93
386.01
4.62
1.70
Borea, Global Equities
5.92
16.64
32.02
34.84
3.20
2.57
eTurn
5.36
6.82
10.35
47.21
3.50
0.44
2 YTD
MTD
12M ROR
Total Return
St. Dev.
Sharpe
Rhenman Healthcare Equity L/S IC1 (EUR)
37.89
6.52
75.93
386.01
4.62
1.70
Accendo
27.44
2.90
27.82
79.98
4.07
0.63
3,0%
HCP Focus Fund
25.85
7.61
44.84
83.24
3.90
1.76
2,0%
Incentive Active Value
21.70
-0.07
17.37
17.37
3.65
1.23
1,0%
AAM Absolute Return Fund Class B (NOK)
20.19
2.73
14.24
129.23
2.64
0.99
Sub-Strategy & Country-by-Country Performance The NHX Composite gained 1.2 % in July. CTAs (+1.6%) and Multi-Strategy funds (+1.5%) were the best performing strategy groups. Equity strategies (+1.3%), Fund of Funds (-+0.9%) and Fixed Income funds (+0.5%) also gained.
9,0%
Top Performing Managers - Year To Date 2015
8,0% 7,0%
2013 2013
6,0%
On the year, NHX Equities is the best performing sub-category followed by NHX Multi-Strategy.
5,0% 4,0%
0,0%
NHX Composite
NHX CTA
NHX Equi>es
MTD
NHX Fixed Income
NHX Fund Of Funds
NHX Mul>-‐Strategy
YTD
9,0%
On a country-by-country level, Finland is the best performer on the year. All countries gained on the month.
8,0% 7,0%
Alpha. Operations can play that game, too.
6,0% 5,0% 4,0% 3,0% 2,0% 1,0% 0,0%
NHX Denmark
NHX Finland
NHX Norway
MTD
NHX Sweden
YTD
NHX Composite Historical Monthly Returns Jan 2
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
2015
2.3%
1.4%
0.8%
-0.2%
0.4%
-1.6%
1.2%
2014
0.1%
1.5%
-0.2%
0.0%
1.2%
0.2%
-0.2%
0.6%
0.2%
-0.2%
1.2%
0.0%
4.1%
2013
1.9%
0.4%
0.1%
0.6%
0.7%
-1.1%
0.6%
-0.4%
1.1%
1.2%
1.1%
0.9%
7.6%
2012
1.7%
1.3%
0.0%
-0.2%
-0.5%
-1.4%
2.0%
0.4%
0.1%
-0.4%
0.3%
1.0%
4.4%
2011
-0.4%
0.3%
0.4%
1.3%
-0.9%
-1.3%
-0.1%
-1.8%
-1.2%
0.3%
-0.3%
0.3%
-3.5%
2010
0.4%
-0.1%
1.5%
0.8%
-1.8%
-0.7%
0.6%
0.1%
1.4%
0.8%
0.0%
3.1%
6.2%
2009
0.8%
0.1%
1.5%
3.2%
2.3%
0.3%
1.4%
1.3%
1.5%
0.2%
0.5%
1.0%
15.0%
2008
-1.2%
1.3%
-0.9%
0.1%
1.2%
-1.8%
-1.2%
-0.2%
-4.5%
-3.5%
-0.6%
-0.3%
-11.1%
2007
0.7%
0.0%
0.9%
1.4%
1.1%
0.2%
-0.4%
-1.8%
1.0%
1.3%
-1.6%
0.2%
2.8%
2006
1.5%
0.6%
1.7%
1.1%
-1.5%
-0.3%
-0.1%
0.6%
0.2%
0.7%
1.4%
1.8%
7.9%
2005
0.3%
1.2%
-0.1%
-0.1%
1.2%
1.9%
1.4%
0.7%
1.5%
-1.7%
1.6%
1.8%
10.1%
4.4%
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