SHARE THIS ARTICLE Share Tweet Post Email Source: Getty Images The founding partner at a Swedish hedge fund that’s delivered more than 700% over the past decade is a big fan of Roche Holding AG and thinks there’ll be about 10 Covid-19 vaccines in a year’s time. Henrik Rhenman oversees $814 million at Rhenman Healthcare Equity L/S. His euro-denominated portfolio has made a total of 718% since he launched his fund in 2009. Over the same period, krona investments delivered 550%. “The pharma...

SHARE THIS ARTICLE Share Tweet Post Email Photographer: SeongJoon Cho/Bloomberg After more than 3 years of taking a hammering, drillers are set to rise. “They will rise 100 to 200 percent -- a real surge,” Martin Molsaeter, portfolio manager and partner at First Fondene, said in an interview in Oslo on Wednesday. Oil service companies suffered as crude prices fell in 2014, with explorers and producers slashing spending to weather the downturn. But as oil companies start to increase...

LISTEN TO ARTICLE 2:16 SHARE THIS ARTICLE Share Tweet Post Email A Swedish hedge fund called Volt Capital Management AB has run circles around its own return target by relying on a form of artificial intelligence it says is unique. Volt Diversified Alpha Program was created in early 2017 by Jukka Harju, the former head of research at Lynx Asset Management. It only has about $30 million under management, but this year it’s delivered more than double the 10% return target it promised investors....

LISTEN TO ARTICLE 2:44 SHARE THIS ARTICLE Share Tweet Post Email Photographer: Odin Jaeger/Bloomberg Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. In Scandinavia’s richest country, a former JPMorgan Chase & Co. banker overseeing $22 billion in stocks says he’s not expecting the fallout from Covid-19 to last as long as the pain that followed the 2008 meltdown. Knut Hellandsvik, who’s now head...

Photographer: Patrick T. Fallon/Bloomberg As equity investors who bet against Tesla Inc. lick their wounds, the bond market is a different story. A hedge fund in Denmark that delivered a 29% return last year has stocked up on credit-default swaps on the world’s second-biggest automaker, based on a bet that its bonds are just too expensive. “It’s mispriced,” Daniel Pedersen, the chief investment officer at Asgard Credit Fund, said by phone. “Tesla could be upgraded to BB- during 2020, but even...