Catella Nordic Long Short Equity named best fund by The Hedge Fund Journal
Catella Nordic Long Short Equity was yesterday evening named the “Best performing fund over a 2 year period” at The Hedge Fund Journal Awards in London.
“We are delighted that Catella Nordic Long Short Equity has won this award against tough competition. Our overall aim is to generate excess returns for our unitholders through a clear focus and excellent fundamental knowledge of the Nordic markets. The accolade is proof that we have succeeded in creating added value in the market,” says Erik Kjellgren, who heads Catella’s Swedish fund operations.
“We are humbled and grateful to receive this award. Our objective for the fund is to generate attractive risk-adjusted absolute returns, regardless of market conditions, through good stock selection and sound risk management. The success of the fund management during the period stems from going long in cyclicals on the basis of our fundamental analysis, which at the time were very attractively valued. We also shorted overpriced quality companies, a positioning that benefitted the performance of the fund as well,” say the fund’s managers Martin Nilsson and Ola Mårtensson.
Since 2004, The Hedge Fund Journal has conducted in-depth analysis spanning the entire spectrum of hedge fund strategies. Each year, The Hedge Fund Journal Awards nominate European fund managers that have stood out and have achieved good risk-adjusted absolute returns in a number of categories.
About Catella Nordic Long Short Equity
Catella Nordic Long Short Equity is an alternative absolute return equity fund with a Nordic focus that has the potential to perform in both rising and falling markets. The fund has a lower level of risk than the stock market and should deliver competitive risk-adjusted returns. It is managed by Martin Nilsson and Ola Mårtensson, who create a relatively concentrated portfolio of held and short positions in the Nordic region. The risk level of the fund is balanced with the help of derivatives.
For more information, please contact:
Head of Swedish Fund Operations
+46 8 614 25 12, +46 70 314 40 35
Ann Charlotte Svensson
Head of Communications
+46 8 463 32 55, +46 72 510 11 61
About Catella: Catella is a leading specialist in property investments, fund management and banking, with operations in 12 European countries. The group has sales of approximately SEK 2 billion and manages assets of approximately SEK 150 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.