DNB TMT Defies Tech Sell-Off in July

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DNB TMT Defies Tech Sell-Off in July

hedgenordic

2 weeks ago

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July does not appear to have been a particularly strong month for the Nordic hedge fund industry. One notable exception is DNB TMT Long/Short Equities, which gained 10.6 percent through July 28. The strong monthly performance erased June’s losses, bringing the market-neutral equity strategy close to breaking even for the year.

Interestingly, both DNB TMT Long/Short Equities and its much larger long-only sibling, DNB Technology, delivered strong gains in a month when technology stocks came und...

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