Alfakraft is active in the derivatives market, which means that we invest in different types of futures, forwards and options with the price of electricity as the underlying instrument. This enables us to take long or short positions which can result in positive yield irrespective of whether price developments in the underlying market are positive or negative
Alfakraft's overall strategy is that our products should be based on absolute yield instead of index. Our yield target is a stable, risk-adjusted absolute average yield of 15-25 per cent per annum with a balanced risk, which should be below 18 per cent, measured by standard deviation.
We offer institutional and private investors standardised discretionary management.
Alfakraft invests in financial electricity derivatives on the authorised Nordic electrical power exchange NordPool, which recorded a turnover of around SEK 470 billion in 2001. The electricity market is part of the commodities market and historically there has been a low correlation with the equity and interest markets. Therefore, to diversify risks in an existing portfolio of equities and interest-bearing instruments, it can be appropriate to invest part of your funds in financial electricity derivatives.
Business concept Alfakraft manages assets by investing in financial electricity derivatives listed on the authorised Nordic power exchange NordPool. Alfakraft's emphasis is capital management on a discretionary basis.
Board of directors Below is a presentation of Alfakraft's
board of directors:
Ragnar Ottosen
Chairman of the board.
Bengt Lindblad
Managing director and one of the co-founders of Alfakraft.
Espen Solvang
Senior portfolio manager at Alfakraft.
Thorvald Arne Randulff Nielsen
Chairman of the Board, Rosnor Energo, Moscow. Mr Nielsen has a considerable experience from the stock- and derivatives market as a former trader and market maker at Handelsbanken Capital Markets, Oslo.
Per Lindblad
Financial director at Alfakraft AB.
Management team Bengt Lindblad
Bengt Lindblad is the Managing director and one of the co-founders of Alfakraft. During 2001 and 2002 Mr Lindblad was acting Director responsible for developing the trading desk at Avenis Trading in Switzerland. In 1996, after working at both Kvaerner and VBB Anläggning, Mr Lindblad began as a trader for electricity funds, at Graninge Energi. In fact, mr Lindblad was one of the driving forces who enabled Graninge Energi to become one of the leading players in the Nordic electricity market during this period. Mr Lindblad holds a degree in Master of Science in Industrial Engineering and Management, from the University of Linköping.
Michael Schenkenberg van Mierop Risk manager, started at
Alfakraft 2007. Michael has a bachelor’s degree in business and
statistics and has been working as risk manager at SEB since
1997. Amongst other responsibilities, he managed the global
market risk system at SEB.
