We are pleased to announce that Ress Life Investments won second prize in the category “Best Nordic Diversified Hedge Fund 2024”. This is the seventh consecutive year that the fund has received an award.
The winners at the 2024 Nordic Hedge Award were selected in a three-step process. First, a model co-developed with the Swedish House of Finance at the Stockholm School of Economics selected the top five funds in each of the five strategy categories in the Nordic Hedge Index (limited to funds with a track record exceeding three years).
The model calculates a “quantitative” score for each fund based on several parameters such as short- and longer-term absolute, relative and risk-adjusted returns, as well as skewness in returns as a measure of downside risk.
The top five funds across the entire universe were also nominated in the “Best Nordic Hedge Fund Overall” category. Second, a jury board comprised of industry professionals assigned a “qualitative” score to each fund. Third, the quantitative and qualitative scores were put on equal footing and combined to determine the final results and rankings.
Read more Announcing the Winners of the 2024 Nordic Hedge Award – HedgeNordic
