Swedish Hedge Funds

Here, a list of hedge fund in the Swedish market is listed. For each listing there will be narrative text as well as some comments on the style. Managers are listed by their respective strategies.

Long / Short Equity Managers

This is by far the largest group of managers active in the Swedish market place.

HealthInvest Global Long/Short Fund

A fund set up in the end of 2006 with one former Long only manager (Anders Hallberg) and one Analyst (Markus Wistrand) with industry background. More info on the fund can be found here. Bias toward equity market is yet unknown.

Fixed Income (Arbitrage)

This are relatively few fixed income manager in the Swedish arena, partly because of the 'underdevelopment' of the Swedish Fixed Income Market that lacks the complexity that for instance the US market exhibits.

Latitude

Latitude was a directional, discretionary, fixed income focus fund that before the closure was closed down in August 2006 following weak performance. More info here: Latitude.

Energy Funds

A number of Swedish hedge funds trading in Energy and related markets are currently active on Nordpool, the Nordic energy markets. Several trade in other energy markets and in weather related markets.

AlfaKraft

AlfaKraft manages two energy related funds, one pure energy fund that seems to be pretty volatile, in both up and down months. 2006 seems to be a difficult year for the fund, in contrast to the previous pretty good years. They are also managing a recently launched CO2 fund, with so far really good results. More info on the company can be found here: AlfaKraft

Markedskraft

See Norwegian hedge funds, the fund is domiciled in Norway but have an Swedish branch office.

Shepherd

Shepherd manages an energy fund since 2004 while they are also providing an advisory service for third parties. The manage the Shepherd Energy Fund, a global energy fund as well as offering discretionary management. After suffering from a adverse market environment, the fund has so far, November 2006, delivered returns in line with the risk free rate. More info can be found here: Shepherd.