Fred Rutten
On 15 December 2015, it was announced that Hjulmand would return as manager of Nordsjælland as of 1 January 2016. Hjulmand managed to get the team back on track and the club finished 9th in the 2015–16 Danish Superliga. In the following two seasons he led Nordsjælland to a 6th and 3rd place. In January 2019, Hjulmand was linked with RSC Anderlecht, but Nordsjælland wanted a compensation that Anderlecht did not want to pay and instead Fred Rutten was appointed. Following the failed contract with Anderlecht Hjulmand announced that he would leave Nordsjælland in the summer of 2019 at the end of his contract.