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- November 2015 NHX Performance PerformanceReview Review - August 2015
- November 2015 NHX Performance PerformanceReview Review - August 2015
Month in Review
November 2015 Top Performing Managers - August 2015
hedge funds funds lost gained an estimated 1.8in% in November. Year-to-date, the NHXspurred index isby in worries positivefor territory; +5.1 %. Nordic hedge an estimated 1.7% August as the pick up in risk aversion the Chinese economy had a negative impact on all NHX strategy subsets. Year-to-date, the NHX Composite stands at +2.6%. Managed Futures and equity strategies were the best performers during the month. In the case of Managed Futures, funds benefited from strong underlying in currency and commodity and thereby recovered losses the previous Equity hedge Fixed income strategiestrends showed some resilience with NHXmarkets Fixed income ending the month downfrom 0.3%. Equity and month. Multi-Strategy funds fundsthe have had alosers strongposting 2015 with gains now exceeding % for the full year, by far the best performing NHX sub-strategy. were biggest losses of 2.2% and 2.1% 9respectively.
Sub-Strategy & Country-by-Country Performance 1.8%ininAugust. All The NHX NHX Composite Compositegained lost 1.7% November. All strategy had positive strategy groups postedgroups losses. NHX Equities returns. NHX (+2.7 %), NHX Equities (-2.2%), NHX CTA Multi-Strategy (-2.1%), NHX CTA (+2.3 %),NHX NHX Multi-Strategy (+1.5 and %), NHX (-1.7%), Fund of Funds (-1.0%) Fund of Funds(-0.30%) (+0.9 %) and NHX Fixed Income Fixed Income (+0.7 %) On the year, NHX Equities is the best performing On the year, NHX Equities is theMulti-Strategy. best p erforming sub-category followed by NHX sub-category followed by NHX Multi-Strategy.
2013 2013
2 MTD
YTD
12M ROR
Total Return
St. Dev.
Sharpe
AAM Absolute Mermaid NordicReturn Fund Class B
13.54 6.36
39.15 -0.99
38.48 -5.54
165.39 12.24
2.90 2.06
1.03 0.24
RPMSystematic Galaxy C (EUR) IPM Currency Fund
10.70 6.19
10.71 5.66
9.71 5.32
53.09 55.27
4.70 2.60
0.42 0.51
Estlander & Partners Alpha Trend II - Class P ALFA Commodity Fund
9.04 5.03
2.59 3.55
12.05 17.90
3.05 46.58
11.32 4.05
0.20 0.59
Asymmetric – Global Macro Fund Sector Healthcare Fund
8.75 4.02
-0.44 7.58
6.33 8.87
20.79 122.62
4.85 1.29
0.46 1.81
Formuepleje Penta Gladiator Fond
7.40 3.92
17.49 9.52
17.07 6.44
38.71 219.59
8.68 4.94
0.30 0.73
MTD
12M ROR
Total Return
St. Dev.
Sharpe
10,0% 6,0%
Top Performing Managers - Year To Date 2015
9,0% 5,0% 8,0% 4,0%
2013Performing 2013 2 Top Managers - Year To DateYTD 2015
7,0% 3,0% 6,0% 2,0% 5,0% 1,0% 4,0% 0,0% 3,0% -‐1,0% 2,0% -‐2,0% 1,0% 0,0% -‐3,0%
Accendo
44.36 2 YTD
MTD
12M ROR
Total Return
St. Dev.
4.07
0.72
AAM Absolute Return Fund Class B Accendo
39.15 25.79
13.54 -1.29
38.48 26.55
165.39 77.66
2.90 4.05
1.03 0.62
HCP Focus Fund Rhenman Healthcare Equity L/S IC1 (EUR)
33.17 20.40
5.37 -10.95
30.55 42.98
93.92 324.38
4.52 4.82
1.50 1.48
Origo Quest 1(Class A) AAM Absolute Return Fund Class B (NOK)
24.12 18.04
4.86 -1.79
22.75 13.77
56.02 125.13
2.98 2.64
1.58 0.96
Incentive Active Value Incentive Active Value
22.69 16.33
4.64 -4.38
18.02 11.62
18.33 12.19
3.80 3.82
0.97 0.81
HCP Focus Fund
15.73
-8.04
22.11
68.51
4.21
1.38
2013 2013
NHX CComposite omposite NHX
NHX CCTA TA NHX
NHX EEqui<es qui>es NHX
MTD MTD
NHX FFixed ixed Income Income NHX
NHX FFund und OOf f FFunds unds NHX NHX M Mul<-‐Strategy ul>-‐Strategy NHX
YTD YTD
12,0% 6,0%
Finland is the On a country-by-country level, Norway Closely followed by best performer on the year. All countries posted Norway. losses on the month.
5,0% 10,0% 4,0% 3,0% 8,0% 2,0% 1,0% 6,0% 0,0% -‐1,0% 4,0% -‐2,0% -‐3,0% 2,0% -‐4,0% 0,0% -‐5,0%
NHX DDenmark enmark NHX
NHX FFinland inland NHX
MTD MTD
NHX NNorway orway NHX
NHX SSweden weden NHX
YTD YTD
NHX Composite Historical Monthly Returns Jan Jan 2
Feb Feb
Mar Mar
Apr Apr
May May
Jun Jun
Jul Jul
Aug Aug
Sep Sep
Oct Oct
Nov Nov
Dec Dec
YTD YTD
2015
2.3%
1.4%
0.8%
-0.2%
0.4%
-1.6%
1.2%
-1.7%
-0.5%
0.8%
1.8%
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% 7.6%
2012 2012
1.7% 1.7%
1.3% 1.3%
0.0% 0.0%
-0.2% -0.2%
-0.5% -0.5%
-1.4% -1.4%
2.0% 2.0%
0.4% 0.4%
0.1% 0.1%
-0.4% -0.4%
0.3% 0.3%
1.0% 1.0%
4.4% 4.4%
2011 2011
-0.4% -0.4%
0.3% 0.3%
0.4% 0.4%
1.3% 1.3%
-0.9% -0.9%
-1.3% -1.3%
-0.1% -0.1%
-1.8% -1.8%
-1.2% -1.2%
0.3% 0.3%
-0.3% -0.3%
0.3% 0.3%
-3.5% -3.5%
2010 2010
0.4% 0.4%
-0.1% -0.1%
1.5% 1.5%
0.8% 0.8%
-1.8% -1.8%
-0.7% -0.7%
0.6% 0.6%
0.1% 0.1%
1.4% 1.4%
0.8% 0.8%
0.0% 0.0%
3.1% 3.1%
6.2% 6.2%
2009 2009
0.8% 0.8%
0.1% 0.1%
1.5% 1.5%
3.2% 3.2%
2.3% 2.3%
0.3% 0.3%
1.4% 1.4%
1.3% 1.3%
1.5% 1.5%
0.2% 0.2%
0.5% 0.5%
1.0% 1.0%
15.0% 15.0%
VINNARE ÅRETS ADVOKATBYRÅ
5.1% 2.6%
2008 2008
-1.2% -1.2%
1.3% 1.3%
-0.9% -0.9%
0.1% 0.1%
1.2% 1.2%
-1.8% -1.8%
-1.2% -1.2%
-0.2% -0.2%
-4.5% -4.5%
-3.5% -3.5%
-0.6% -0.6%
-0.3% -0.3%
-11.1% -11.1%
2007 2007
0.7% 0.7%
0.0% 0.0%
0.9% 0.9%
1.4% 1.4%
1.1% 1.1%
0.2% 0.2%
-0.4% -0.4%
-1.8% -1.8%
1.0% 1.0%
1.3% 1.3%
-1.6% -1.6%
0.2% 0.2%
2.8% 2.8%
2006 2006
1.5% 1.5%
0.6% 0.6%
1.7% 1.7%
1.1% 1.1%
-1.5% -1.5%
-0.3% -0.3%
-0.1% -0.1%
0.6% 0.6%
0.2% 0.2%
0.7% 0.7%
1.4% 1.4%
1.8% 1.8%
7.9% 7.9%
2005 2005
0.3% 0.3%
1.2% 1.2%
-0.1% -0.1%
-0.1% -0.1%
1.2% 1.2%
1.9% 1.9%
1.4% 1.4%
0.7% 0.7%
1.5% 1.5%
-1.7% -1.7%
1.6% 1.6%
1.8% 1.8%
10.1% 10.1%
2013
7.09
41.19
103.88
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NHX Performance Review - November 2015
NHX Performance Review - November 2015
NHX Equity - Top Performing Managers - November 2015
Disclaimer
2013 2013
2 MTD
YTD
12M ROR
Total Return
St. Dev.
Sharpe
AAM Absolute Return Fund Class B
13.54
39.15
38.48
165.39
2.90
1.03
Rhenman Healthcare Equity L/S IC1 (EUR)
7.09
22.05
27.03
330.17
5.09
1.37
Accendo
7.09
44.36
41.19
103.88
4.07
0.72
Scientia Hedge
6.26
21.95
20.00
69.05
3.81
0.68
Atlant Edge
5.90
6.56
5.60
561.38
4.76
0.94
NHX Fixed Income - Top Performing Managers - November 2015 2013 2013
2 MTD
YTD
12M ROR
Total Return
St. Dev.
Sharpe
Formuepleje Fokus
3.55
2.72
1.20
6.50
0.52
1.53
Midgard Fixed Income Fund
1.92
6.99
2.91
153.93
2.09
2.11
Nykredit KOBRA Hedge Fund
1.72
3.42
1.30
47.96
2.69
1.06
Nykredit MIRA Hedge Fund
1.47
2.30
0.09
94.25
1.42
1.96
Danske Invest Hedge Fixed Income
1.25
3.40
0.74
249.52
1.32
2.62
NHX Multi Strategy - Top Performing Managers - November 2015 2013 2013
2 MTD
YTD
12M ROR
Total Return
St. Dev.
Sharpe
Asymmetric – Global Macro Fund
8.75
-0.44
6.33
20.79
4.85
0.46
Formuepleje Penta
7.40
17.49
17.07
38.71
8.68
0.30
Formuepleje Epikur
6.53
12.40
12.65
37.77
3.82
1.07
Formuepleje Safe
4.35
8.14
8.67
163.75
6.28
0.53
VISIO EM Multi Strategy B
4.11
14.00
11.18
40.21
2.80
1.05
NHX Managed Futures & CTA - Top Performing Managers - November 2015 2013 2013
2 MTD
YTD
RPM Galaxy C (EUR)
10.70
10.71
9.71
Estlander & Partners Alpha Trend II - Class P
9.04
2.59
RPM Evolving CTA Fund
5.50
ALFA Commodity Fund Estlander & Partner Freedom
St. Dev.
Sharpe
53.09
4.70
0.42
12.05
3.05
11.32
0.20
0.88
3.59
19.05
4.33
0.54
5.39
1.55
3.96
43.75
4.07
0.54
3.64
1.80
4.81
992.52
4.45
0.72
St. Dev.
Sharpe
12M ROR
Total Return
NHX Fund of Funds - Top Performing Managers - November 2015 2013 2013
2 MTD
YTD
12M ROR
Total Return
Danske Invest Eliksir FoHF
2.95
6.89
6.99
50.02
1.11
0.83
Brummer Multi-Strategy 2xL
2.20
2.29
4.18
65.91
2.17
0.97
Coeli Multistrategi 2xL
2.02
3.05
2.42
32.21
2.21
0.39
Atlant, Multi-Strategy
1.80
5.36
4.62
16.60
1.02
1.23
Guide Multihedge
1.60
-0.70
-1.49
26.93
1.21
0.57
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