With the largest economy and stock market in Scandinavia,
Sweden easily holds the majority of hedge fund assets in the
region. Out of the regional asset pie, the Swedish slice
accounts for 64% of the total. However, as this dominating
position has narrowed since our last survey in 2005 when Sweden
accounted for roughly 75% of assets, it appears that other
markets are experiencing a faster rate of growth in the Nordic
hedge fund universe.
Nevertheless, for sheer variety of hedge fund strategies,
experienced managers and service providers, Sweden remains very
much the key hedge fund centre. The large number of qualified
managers, a highly developed equity culture and an appetite for
risk-taking, compared to neighbours such as Denmark, have
inevitably played their role in making Sweden the fourth
largest market in terms of European hedge fund assets.
Hedge funds, particularly the low-risk variety, are rapidly
becoming one of Swedens...