The Finnish fund of hedge funds eQ Active Hedge has joined the Nordic Hedge Fund Index (NHX) as fund number 119.
It is the latest hedge fund to join the Nordic Hedge Fund Index (NHX). The fund is managed by eQ Fund Management Company. So far this year, the fund has done well, being up 4.31%. The fund manages around 95 million Euros.
The fund may invest in hedge funds world-wide, but it is prohibited from investing in funds which themselves invest more than 30% of its portfolio into any given fund or collective investment scheme. In addition, eQ Active Hedge is not allowed to allocate more than 20% of its portfolio to any given investment.
eQ Fund Management Company is a part of the eQ Corporation whose principal activity is to provide its customers with banking and investment services over the internet in Finland.