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This Hedge Fund Is Preparing for Swedish Real Estate Turmoil

  • Peak fund has returned 8.1% on average since start in 2014
  • Fund holds long positions in S&P 500, commodities and gold
Homes stand in a suburb of Stockholm, Sweden, on Oct. 19, 2015. 

Homes stand in a suburb of Stockholm, Sweden, on Oct. 19, 2015. 

Photographer: Johan Jeppsson/Bloomberg

Updated on

The potential for a housing crash in Sweden has Peak Asset Management surveying for opportunities.

In particular there could be “developers that have come under pressure since housing prices have started to fall,” Per Djerf, co-founder and chief investment officer at the Stockholm-based hedge fund manager, said by phone on Tuesday. “It’s possibly a bit early but we’re looking at what could be the next interesting sector in the Nordics.”