The drive to list hedge funds has spread to Scandinavia as Jyske Invest, a Danish fund manager, prepares to float the first such fund on the Copenhagen stock exchange.

The firm has just published its prospectus for Jyske Invest Hedge Markedsneutral - Aktier, a hedge fund that follows a market neutral strategy, taking long and short equity positions that on a net basis leave no exposure to the direction of the market.