Rhenman Healthcare Equity L/S awarded Best Nordic Equity Focused Hedge Fund at the Nordic Hedge Award in Stockholm
Since inception in June 2009, the Fund has increased in value with +92%
The sector fund Rhenman Healthcare Equity L/S, which invests in listed companies primarily in pharmaceuticals, medical technology, biotechnology and healthcare, was awarded Best Nordic Equity Focused Hedge Fund at the Nordic Hedge Award, arranged by Nordic Business Media AB, the leading Nordic hedge fund-focused publishing house.
”We are very pleased that our fund was awarded best Nordic equity focused hedge fund. The healthcare sector makes up more than 10 per cent of total global market capitalization, so the fund has many investment opportunities to choose from, and the management team has handled this admirably,” said Carl Grevelius, Founding Partner and Head of Marketing.
The selection is based on a number of qualitative and quantitative parameters, including the fund’s performance. Since the fund’s inception on 22 June 2009, the annualized compound return is +18.54%. The fund performance over the last 12 months amounted to +28.35%. In 2012, the fund increased in value by +18.08%.
"We have followed Rhenman Healthcare Equity L/S for a long time, and I would like to congratulate the whole Rhenman & Partners team to winning the Best Nordic Equity Focused Hedge Fund award", said Kamran Ghalitschi, publisher of HedgeFonder.nu, which is the only media channel in the Nordic region focused on hedge funds and alternative investments and owned by Nordic Business Media.
"Our prime objective is to increase the awareness and understanding of hedge funds in the Nordic region. We want to play a central role by informing and educating, as well as raising our readers’ knowledge and helping them to better understand the possibilities and risks with this interesting asset category", continued Mr Ghalitschi.
The original selection for the Nordic Hedge Award consisted of about 130 funds, where the asset manager, the management company or the fund is domiciled in the Nordic region. Five funds were shortlisted in each of seven different asset management categories. A jury consisting of six industry professionals voted individually to determine the final ranking order within each category.
For more information, please contact:
Carl Grevelius, Head of Sales & Marketing / Founding Partner
Phone: +46 8 459 88 83
E-mail: carl@rhepa.com
www.rhepa.com
About Rhenman & Partners
Rhenman & Partners Asset Management is a Stockholm-based niche player focusing on the healthcare sector. The company's assets under management amount to over 1 billion Swedish kronor. Rhenman & Partners was founded in 2008 by a group of individuals with extensive experience of the asset management sector, as well as an unrivalled track record in the healthcare sector. The Rhenman Healthcare Equity L/S fund is unique in that it is supported by a scientific council composed of eminent professors who have a wide network of scientists and experts at several recognized institutions worldwide, including the Karolinska Institute. For more information, please visit www.rhepa.com
About Nordic Business Media AB
HedgeFonder.nu is the only media channel in the Nordic region to follow and write about hedge funds and alternative investments. It reports about both local and international news, opinions and analyses. In November 2012, its owner Nordic Business Media AB acquired the Danish website HedgeNordic.com which calculates and publishes the Nordic Hedge Index (NHX). In April 2013 Nordic Business Media AB arranged for the first time the Nordic Hedge Award (www.hedgeaward.com).
Rhenman Healthcare Equity L/S – Performance (EUR, Net of fees) – “An absolute return fund” with a scientific investment approach
- Since inception | + 92 % |
- 2013 YTD (March) | + 21 % |
- 2012 | + 18 % |
- 2011 | + 10 % |
- 2010 | + 8 % |
- 2009 | + 13 % |