Hedge Funds

Nordic Absolute Return expands horizons to target UK and other European investors

by

Despite a strong track record dating back to 2003 – making it one of the more established Scandinavian hedge fund managers – Stockholm-based Nordic Fund Management is far from a household name, and its Nordic Absolute Return Fund may have eluded many investors’ radar screens.

But the firm is now making moves to extend beyond its traditional Swedish clientele, with a marketing initiative aimed at investors in the UK and, potentially later, other major European centres.

Its fundamental long/short equity strategy has produced an annualised return of 7.92% since launch in April 2003, and the fund has performed