6 COVER STORY
Nordea’s Multi Assets Team consists of seasoned professionals with an average experience of over 15 years. Together, they bring to life an alternative symphony that fits today’s challenging environment.
different risk/return profiles: the Nordea 1 – Alpha 7 MA Fund, the Nordea 1 – Alpha 10 MA Fund and the Nordea 1 – Alpha 15 MA Fund . Despite having proven their qualities time and again, the anti-cyclical return drivers of NAM’s Alpha MA strategies were unable to fully protect against down- side during the rapid market deterioration of early 2022. However, each Alpha MA strategy was still able to clearly outperform traditional asset classes of a similar risk profile.2 “The beginning of 2022 was ruthless for financial markets, as accelerating infla- tion and its consequences – from interest rate hikes to increased recession risks – triggered an undiffer- entiated sell-off for all asset classes,” Trolle Hansen says. “While our drawdowns compared favourably relative to strategies of similar expected returns and risk levels, periods of negative absolute returns are never pleasing.” The swift and severe nature of the 2022 market dis- location echoed the ‘taper tantrum’ of 2013 – when talk of a Federal Reserve QE tapering triggered a 130 basis points spike in US treasury yields, as well as an 8% decline for US equity markets. However, the neg-
In the spotlight: the Nordea 1 – Alpha 15 MA Fund
Since the beginning of the year, the Nordea 1 – Alpha 15 MA Fund has been the recipient of no fewer than three prestigious awards. At the UCITS Hedge Awards, hosted by The Hedge Fund Journal, the fund was named “Best Performing Fund” in the Alternative Risk Premia category over 3, 4, 5, 7 and 10 years . In addition, at the Camradata Awards , the Alpha 15 MA Composite USD Fund came first in the “Global Multi Asset (USD)” category. Last but not least, the fund won the title of “Best Liq- uid Alternative Multi Asset Fund” twice at the Italian Mondo Alternative Awards : for the year 2021 and for the 3-year period from 2019 to 2021.
2 The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount in- vested. The value of your investment can go up and down, and you could lose some or all of your invested money.
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