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Michael Petry

Danske’s Petry Given New Portfolio

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[Read More…]

by 17/04/2017
Kreditbörsen Launches P2P Investor Lending Service

Kreditbörsen Launches P2P Investor Lending Service

Stockholm (HedgeNordic) – Stefan Willebrand, the former manager of a U.S.-based hedge fund, CEO of financial advisory firm Bricknode AB, and founder and chairman of Kreditbörsen, is now also the man behind a new Peer-to-Peer lending service for borrowers and investors in Sweden. Kreditbörsen’s speciality is offering borrowers a simple process for loan applications with risk-adjusted interest rates and exists[Read More…]

by 06/04/2017
Former ATP CEO To Join Bridgewater Amid Shakeup

Former ATP CEO To Join Bridgewater Amid Shakeup

Stockholm (HedgeNordic) – Carsten Stendevad, the former CEO of DKK 859 billion (€115.6 billion) Danish pension fund ATP, is set to join Bridgewater Associates, the largest hedge fund in the world, as part of a new “senior fellowship programme.” The programme, according to Bridgewater founder Ray Dalio, is designed to “bring highly distinguished individuals into Bridgewater for a year to[Read More…]

by 07/03/2017
Buffet Slams Hedge Funds

Buffet Slams Hedge Funds

Stockholm (HedgeNordic) – Warren Buffet has sharply criticized hedge funds for the increasingly common criticism of delivering inferior results to their investors while charging high, sometimes exorbitant fees. His comments came in his annual shareholder letter, reprinted over the weekend in the Berkshire Hathaway 2016 annual report, and took up no less than 5 pages of said letter. “When trillions[Read More…]

by 27/02/2017
Columbia Threadneedle Appoints New Nordics Chief

Columbia Threadneedle Appoints New Nordics Chief

Stockholm (HedgeNordic) – Columbia Threadneedle Investments has appointed Ulrik Holm Oxfeldt, CFA, as its new Head of Nordics. Oxfeldt will lead the manager’s sales and client relationships, particularly in the institutional segment, throughout the Nordics, and will be based in Copenhagen. Oxfeldt possesses over 15 years of business development experience in the asset management industry, having worked at (Danish pension fund)[Read More…]

by 08/02/2017
Gramont Capital grows team

Gramont Capital grows team

Stockholm (HedgeNordic) – Finnish alternative investment fund manager Gramont Capital Ltd., announced that Sami Sormunen (pictured) has joined the firm as a Sales Director on December 27th 2016. In this role, Mr. Sormunen will be providing alternative investment solutions to institutional investors with a focus on pension funds, insurance companies and family offices. “We see Sami joining the firm as[Read More…]

by 10/01/2017
Aktie-Ansvar add quant team

Aktie-Ansvar add quant team

Stockholm (HedgeNordic) – Aktie-Ansvar, the Swedish fund management company behind the Graal family of hedge funds, continue to expand its investment management team. In a note sent out on Thursday, the company announces the addition of three new hires, all with a quant or programmatic background. The new additions are Björn Löfdahl (pictured right) who joins from Handelsbanken Capital Markets,[Read More…]

by 30/09/2016
DNB Fonder secures Aktie-Ansvar’s Stefan Nilsson

DNB Fonder secures Aktie-Ansvar’s Stefan Nilsson

Stockholm (HedgeNordic) DNB Fonder, a subsidiary of leading Norwegian financial group DNB, recently welcomed Stefan Nilsson (pictured), previously of Aktie-Ansvar, as its CEO in Sweden as of September 1. Nilsson possesses extensive experience in asset management, sales and marketing, having spent the last 13 years as marketing manager with Aktie-Ansvar. DNB fonder also recently announced (August 31) the fusion of its[Read More…]

by 16/09/2016
Jupiter taps Magnus Jahnke as head of Nordics

Jupiter taps Magnus Jahnke as head of Nordics

Stocholm (HedgeNordic) – Jupiter Asset Management, the UK-based asset manager, has hired Magnus Jahnke (pictured) as Head of Nordics. In his new role, Jahnke will lead Jupiter´s efforts in the Nordic region and continue to develop the company´s Nordic presence. Jahnke has 15 years experience in the financial sector, most recently holding the position as Head of Fund Selection and[Read More…]

by 12/09/2016
SRI Expert Anna Strömberg joins Catella

SRI Expert Anna Strömberg joins Catella

Stockholm (HedgeNordic) – Catella announced that it has appointed Anna Strömberg (pictured), formerly of Nordea and an expert in Sustainability and Responsible Investment (SRI), as a new portfolio manager at Caterlla’s fund management operations. Strömberg brings numerous years of experience as a manager of both Swedish and global equity portfolios and considerable SRI/ESG expertise to the operation. “We are pleased[Read More…]

by 02/09/2016
Björn Wendleby leaves Magnusson, opens shop

Björn Wendleby leaves Magnusson, opens shop

Stockholm (HedgeNordic) – Björn Wendleby, who headed up the finance division in Sweden for the Magnusson law firm,  specializing in exchange and securities law, banking and finance legislation and fund operations has left the established law firm to set up his own law firm, effective September 1st 2016. Joining him in the operations from day one is Carl-Fredrik (Calle) Hedengren. “In order to take[Read More…]

by 01/09/2016
SRI/ESG: IPM Announces Vote Disclosure Website, Proxy Votes Ahead of General Meetings

SRI/ESG: IPM Announces Vote Disclosure Website, Proxy Votes Ahead of General Meetings

Stockholm (HedgeNordic) – On the heels of its announcement of a new website service to support its ESG implementation effort, Anna Frimodig (pictured), Chair of Informed Portfolio Management (IPM)’s ESG Committee, expounds to HedgeNordic on the natural applicability of ESG to IPM’s objectives. Responsible Investment, as IPM explains in its latest press release, is an essential component of the fund’s[Read More…]

by 26/08/2016
With Trump, Conventional Assumptions Out the Window

With Trump, Conventional Assumptions Out the Window

Stockholm (HedgeNordic) – “If Trump wins the U.S. presidential elections, it will definitely have an impact on monetary policy. With Hillary Clinton, it would be business as usual. With Trump, it’s totally different.” So says Risto Murto, CEO of Finland’s Varma Mutual Pension Insurance Co., which oversees $46 billion, in a recent interview with Bloomberg. As with all things Trump,[Read More…]

by 22/08/2016
Catella filling up the gaps

Catella filling up the gaps

Stockholm (HedgeNordic) – Following the departure of several key employees from Catella, among those the lead portfolio manager of Catella Hedgefond Ulf Strömsten and his colleagues Mikael Hanell and Magnus Nilsson, heading for  a new fund company set up by Altor and Carnegie, the Swedish asset manager has been busy over the summer filling up the empty chairs. In July already Catella had recruited two[Read More…]

by 22/08/2016
Catella on hiring spree – adds fixed income managers

Catella on hiring spree – adds fixed income managers

Stockholm (HedgeNordic) – Following the departure of a number of key portfolio managers that was announced in July, Catella has been on a hiring spree to cover for the losses. The most recent addition is Thomas Elofsson and Stefan Wigstrand who have been recruited to form a new fixed income team within Catella’s fund management business, a press relase states.[Read More…]

by 12/08/2016
Luke Ellis to success PIMCO-bound Manny Roman as Man Group CEO

Luke Ellis to success PIMCO-bound Manny Roman as Man Group CEO

Luke Ellis is to succeed Emmanuel (Manny) Roman as chief executive officer of Man Group on 1 September 2016. Roman is stepping down from Man Group’s board on 31 August 2016 to take up the role of chief executive officer at PIMCO from 1 November. Ellis (pictured) has worked alongside Roman since 2012 as president of the firm. Jonathan Sorrell will continue as[Read More…]

by 20/07/2016
Catella adds two senior portfolio managers to Catella Hedge

Catella adds two senior portfolio managers to Catella Hedge

Stockholm (HedgeNordic) – Catella has recruited two senior portfolio managers to its hedge fund team, a press release states. The new additions are Martin Jonsson and Anders Wennberg who joins from the Zenit fund, a fund that Brummer & Partners decided to close by the end of February this year. According to a statement from Erik Kjellgren, who is head[Read More…]

by 12/07/2016
IPM expands with a strategic presence in the UK

IPM expands with a strategic presence in the UK

Stockholm (HedgeNordic) – Informed Portfolio Management (IPM) announced that Tara Skinner (pictured), formerly at Brevan Howard, has been hired with the primary focus to spearhead the Swedish quant shops development in the UK market. “Tara’s knowledge of the UK institutional market and her in-depth understanding of both macro and systematic strategies made her the ideal candidate”, commented Stefan Nydahl, CEO of[Read More…]

by 06/06/2016
Passion Palette of a CTA Pioneer

Passion Palette of a CTA Pioneer

Stockholm (HedgeNordic) – Finnish men are not famed nor do they have a worldwide reputation for being very outspoken about their emotions, and expressing them in many words and vivid colors. This is also a rare breed among sober and cool, systematic, traders in the Managed Futures space. What stands out therefore, when reading interviews or listening to podcasts with Martin[Read More…]

by 26/05/2016
QQM appoints head of investor relations

QQM appoints head of investor relations

Stockholm (HedgeNordic) – QQM Fund Management, the Swedish fund company that runs the market neutral systematic long/short equity hedge fund QQM Equity Hedge, has appointed Andreas Julin as head of investor relations, according to a news release. Julin was previously with SEB where he worked as client executive for Swedish and international hedge fund clients. Julin had been with SEB[Read More…]

by 25/04/2016