Red hot in the frozen North

Hedge funds

The Nordic area is proving an increasingly friendly climate for hedge funds. The region’s institutional investors and private banking clients – who are among the most sophisticated in Europe – are ploughing more assets into them, partly because Nordic hedge funds have posted some of the most impressive risk-weighted returns in the world during the past few years. Clients are also seeking to diversify away from under-performing equity markets into alternative investments.

This heady mix has

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