Elementa to Move Onto ISEC Platform
Long/short equity hedge fund Elementa will transition its fund management function to ISEC Services’ platform on June 1. The move outsources administrative, regulatory and operational duties while leaving Marcus Wahlberg as portfolio manager and preserving the existing investment strategy, risk profile and fee structure. Wahlberg says the shift will free his time, improve cost efficiency and provide broader operational resources, positioning the fund for growth despite a tough environment for small‑ and micro‑cap stocks.
Sissener Bottles Its Best Ideas Into New Equity Fund
Norwegian boutique Sissener has launched a new long‑only vehicle, Sissener Equity Opportunities, aimed at professional investors. The fund concentrates on 10‑15 high‑conviction ideas, drawing heavily from the research platform of its flagship Canopus fund, with about 90% overlap in holdings....
CTA / Trend Following ETFs: Access, Implementation, and the Question of Completeness
Jerry Parker notes that trend‑following ETFs have moved beyond a narrow focus on liquid futures to incorporate a much wider set of assets, including foreign exchange, commodities, equities, fixed‑income securities and even digital assets. This broader market breadth mirrors the...
Alcur Elevates Flöstrand to CIO One Year After Joining
Alcur Fonder promoted portfolio manager Per Flöstrand to Chief Investment Officer, succeeding co‑founder Johan Klevby who will stay on the investment team. Flöstrand, a former ABG Sundal Collier executive, moves into the role just over a year after joining the firm. The...
Month in Review – March 2026
March 2026 marked a sharp downturn for Nordic hedge funds, with the Nordic Hedge Index slipping 2.6% amid the Middle East conflict that closed the Strait of Hormuz. All five strategy sub‑indices posted losses, though CTAs, macro and managed futures...
Archipelago Adds Firepower After Back-to-Back Strong Years
Archipelago Investments has bolstered its research team by hiring Anders Fagerlund as Senior Analyst and Head of Research. Fagerlund arrives after 15 years as a senior fund manager at AMF Fonder and a decade at UBS covering European capital goods....
From Zero Rates to Volatility: Excalibur at 25
Excalibur Fixed Income, Sweden’s second‑longest‑running hedge fund, marks its 25‑year anniversary. In 2025 the strategy posted an 11.1% return, nearly double its 5‑6% target and its strongest performance since 2009. The outperformance reflects the return of higher interest rates and...
Two Allocators, One View: Liquidity, Cost and Control Behind CTA ETF Adoption
Institutional investors such as Sweden’s AP3 and Norway’s Aars family office are increasingly turning to trend‑following CTA ETFs to boost liquidity, cut costs, and maintain full portfolio transparency. Both firms view the ETF format as a practical complement to in‑house...
Maybe CTA Alpha Is Simpler Than You Think: Evidence From the ETF Space
Andrew Beer examines whether the simplicity of CTA ETFs translates into superior alpha. Using Morningstar data, he compares equally weighted composites of US mutual funds, UCITS funds and CTA ETFs against the SG CTA index, the benchmark of the twenty...
Lynx Marches Through March Mayhem
In March, heightened U.S.-Israel-Iran tensions sparked energy price spikes and market dislocations, yet Lynx Asset Management’s systematic funds posted solid gains. Lynx Systematic Macro delivered a 14.7% return, Lynx Constellation rose 7.2%, and the flagship Lynx trend‑following program added 2.4%....
Mixed March for Managed Futures
March’s managed‑futures landscape was dominated by heightened geopolitical risk after the US and Israel struck Iran, sparking cross‑asset volatility. Nordic CTAs slipped modestly, with trend‑following managers posting losses while non‑trend, especially machine‑learning strategies, generated strong gains. Energy markets rallied, offsetting...
There Can Only Be One
The managed‑future (CTA) industry has moved from a niche, high‑fee boutique model to an increasingly institutionalized landscape, culminating in the launch of trend‑following ETFs. These ETFs offer investors higher liquidity, lower fees—often under 100 basis points—and comparable returns to traditional...
SMA Capital Drives Protean Select to Lower Capacity Limit
Protean Select, the long/short equity hedge fund launched in 2022, is cutting its capacity limit from SEK 2 billion (≈$220 million) to SEK 1 billion (≈$110 million) as assets near the new cap. The fund now manages roughly SEK 970 million (≈$107 million) and has halted...
Atlas Global Macro Builds on Comeback with New Danish Feeder
Atlas Global Macro, last year’s top‑performing Nordic hedge fund, has launched a Danish feeder on the Fundmarket platform to channel new capital into its Luxembourg‑domiciled Fund 2. Fund 2 mirrors the original macro strategy but strips out legacy Russian holdings...
Svelland Appoints Head of Quant Research From Shell
Svelland Capital has appointed Laurent Hoffmann, formerly head of quantitative research at Shell, as its new Head of Quantitative Research. Hoffmann brings experience across power, gas, carbon markets and crude oil derivatives, complementing Svelland’s commodity‑focused, long/short strategy. The Oslo‑London fund,...