People

 Man Group names  Desmyter Head of Responsible Investment 

 Man Group names Desmyter Head of Responsible Investment 

Man Group today announced the appointment of Steven Desmyter (pictured) as Head of Responsible Investment and Chair of Man Group’s Responsible Investment Committee. This position recognises his instrumental role in developing and driving forward the firm’s responsible investment capabilities, in support of clients’ needs. Steven, who is member of Man Group’s Executive Committee and Head of Sales across EMEA, will[Read More…]

by 20/06/2017
Origo adds UK client relationship manager

Origo adds UK client relationship manager

Stockholm (HedgeNordic) – Origo Capital, the Stockholm based activist long/short equity hedge fund manager, has added Teddy Belin as client relationship manager for the UK. Belin will take care of Origo’s relationships with the UK community of institutional investors a press release states. Teddy Belin has 25 years of experience within the asset management industry in roles including Head of[Read More…]

by 02/06/2017
Resscapital appoints Managing Director

Resscapital appoints Managing Director

Stockholm (HedgeNordic) – The board of Resscapital has appointed Gustaf Hagerud (pictured) as new Managing Director for the company, a press release states. Hagerud has over 30 years of experience in the financial industry. Prior to joining Resscapital, he worked during two years for a fund manager in London. Before his move to London, Hagerud was deputy CEO and Head of Asset[Read More…]

by 01/06/2017
GAMMA Appoints Co-Investment Advisor Amid Stellar Returns

GAMMA Appoints Co-Investment Advisor Amid Stellar Returns

Stockholm (HedgeNordic) – Economist Hafsteinn Hauksson has been appointed co-investment advisor of Gamma Icelandic Macro Fund and Gamma Icelandic Opportunity Fund, the two hedge funds run by Icelandic wealth manager Gamma Capital Management. Mr Hauksson, who already works out of GCM’s London office since early this year, will assist Gisli Hauksson, Gamma chairman and London CEO, in managing the fund’s[Read More…]

by 17/05/2017
Granit Recruits AP4’s Ulf Erlandsson In FI Expansion

Granit Recruits AP4’s Ulf Erlandsson In FI Expansion

Stockholm (HedgeNordic) – Granit Fonder, the Swedish fund management company, has recruited Ulf Erlandsson (pictured) from the Fourth Swedish National Pension Fund (AP4) to set up a new hedge fund later this year, according to a press release on Granit’s website. The fund will focus on climate change and green bonds, with Dr Erlandsson starting his new position as Head of[Read More…]

by 16/05/2017
Accendo Capital Appoints Senior Advisor

Accendo Capital Appoints Senior Advisor

Accendo Capital has appointed Mr. Jaakko Kivinen as Senior Advisor to the Fund. Jaakko Kivinen has previously been Partner in Altor Equity Partners and Soros Private Equity Partners. Mr. Kivinen brings to Accendo Capital extensive international private equity experience in deal sourcing, executing transactions, and helping lead businesses as a board director. Mr. Kivinen has an outstanding track record of[Read More…]

by 15/05/2017
Origo strengthens team with additional analyst

Origo strengthens team with additional analyst

Stockholm (HedgeNordic) – Origo Capital, the Stockholm-based activist long/short equity manager that manages the Origo Quest 1 hedge fund, announces the addition of Carl Rydin (pictured) as a new key member of the staff. Rydin will join the investment team, which currently consists of Stefan Roos and Staffan Östlin, as Investment Analyst, according to a press release. Rydin has international experience from both[Read More…]

by 10/05/2017
Susanna Urdmark Joins Rhenman

Susanna Urdmark Joins Rhenman

Stockholm (HedgeNordic) – Rhenman & Partners, the Stockholm-based fund manager, announced the recruitment of Susanna Urdmark (pictured), as the company continues its strategic expansion. Urdmark will be reinforcing the Healthcare team, and second founder Henrik Rhenman as portfolio manager for the Rhenman Healthcare Equity Long/Short fund. For the last ten years, Urdmark has strengthened her healthcare expertise, as CFO at[Read More…]

by 03/05/2017
HEDGE FUND INDUSTRY EMPLOYS NEARLY 400,000 PEOPLE

HEDGE FUND INDUSTRY EMPLOYS NEARLY 400,000 PEOPLE

The global hedge fund industry employs close to 400,000 people, an increase of about a third since 2010, according to research by the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, and data provider Preqin. There are around 115,000 staff at hedge fund management firms worldwide and around 275,000 at businesses that provide services to hedge[Read More…]

by 01/05/2017
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