Stockholm (HedgeNordic) – The independent fund management company Atlant Fonder has appointed Michael Ekelund (pictured right) as new CEO, according to a press release. Ekelund has more than 30 years experience from the banking sector where he has served in different functions with a focus on investment funds and institutional savings products.

Atlant Fonder also adds Johan Bothén (pictured left), previously with Fidelity Worldwide Investment, in the role as head of marketing. In addition, three new portfolio managers join Atlant as the company staffs up for expansion.

The company states that the goal is to bring the current five funds to around ten.

In a comment, Atlant’s founder and head of portfolio management, Anders Kullberg, says:

– Atlant has performed well for quite some time delivering competitive risk adjusted returns to our investors. We are now entering a growth phase where we have managed to attract some of the most skilful derivatives traders to our team of portfolio managers.

Michael Ekelund, CEO, comments:

– The time is right for offering hedge funds as investors are fed up with their low yielding bank accounts and fixed income funds. As a small fund management company we need to deliver competitive returns to controlled risk in order to maintain the trust of our clients. We have already proved that we are capable of this, the next step is to develop Atlant Fonder further.

Atlant Fonder was founded in 2006 and has today 5 billion SEK in AuM managed over five hedge funds with different risk profiles. Michael Ekelund takes on the role as CEO on October 1, 2015.