Stockholm (HedgeNordic) – Michael Petry, chief portfolio manager at Danske Bank’s flagship hedge fund Danske Invest Hedge Fixed Income Strategies, has been named the new lead manager of the Luxembourg-domiciled Danske Invest Sicav – Europe Absolute fund, according to information obtained by CitywireSelector.com.

The Danske Invest Sicav – Europe Absolute fund returned 6.5% in euro terms on a three-year total return basis ending in February 2017, by comparison to an average manager return of 2.6% in the Alt UCITS – Long/Short Equity sector.

Perry (pictured) was handed the fund earlier this month, replacing co-managers Klaus Röpke and Jens Wiberg Larsson, who had run the fund since inception in November 2011. Danske Invest has not yet made an official comment on the replacement.

Petry has been with Danske bank since 2000, where he has held positions as head of global fixed income and subsequently as the manager of the Fixed Income Strategies hedge fund.

 

 

 

Print Friendly, PDF & Email
The following two tabs change content below.

Glenn Leaper

Glenn W. Leaper, Associate Editor with Nordic Business Media, completed his Ph.D. in Politics and Critical theory from Royal Holloway, University of London in the summer of 2015, and is currently involved with a number of initiatives, including advising businesses and writing his first post-doctoral book. While pursuing his academic career, Glenn is also in the process of founding a Communications Consultancy. Following experience with a number of international organizations, businesses and ventures, he believes there is always a way to objectively improve the presentation, and representation, of a company or individual, and thereby increase the confidence of investors, stakeholders, employers – and voters. In an era dominated by technological innovation, he believes the human component of communication and its inherent potential should be safeguarded and revitalized. Glenn’s services span a range of activities, from writing, editing and branding to speechwriting, delivery, and tactical and strategic advice. His objective is to always provide a client with the extra push that can make the difference between success and failure. His hope, over time, is to translate such contributions to the political arena. Glenn currently resides in Vienna, Austria, having an international background spanning the UK, US, France, Spain, Belgium and Denmark. He holds an MA in English from the University of London and a BA in International Relations from Webster University.

Leave a Reply

Your email address will not be published.

Time limit is exhausted. Please reload CAPTCHA.