Stockholm (HedgeNordic) – Catella has appointed Martin Nilsson as new co-manager of the award-winning fund, Catella Hedgefond. In addition to his current role as manager of the Catella Nordic Long Short Equity fund, Martin will now also join the Catella Hedgefond management team. Together with Sven Thorén, he will manage one of several independent equity mandates, focusing on the Nordic stock markets. The team associated with Catella Hedgefond is otherwise unchanged, with Ulf Strömsten as the responsible lead manager.
“Martin is an excellent complement to the existing managers on the team, and he has already demonstrated successful management during his time at Catella. It is therefore quite natural to also include Martin on the Catella Hedgefond team,” says Erik Kjellgren, head of the Swedish fund operations.
The objective of Catella Hedgefond is to deliver consistent, positive returns regardless of the performance of the equity markets. The fund was yesterday named Hedge Fund of the Year by Fondmarknaden.se for the second consecutive year, partly because it is a resilient hedge fund that stands up well in downward markets and that also follows the upturns.
Catella Hedgefond returned 4,7% in 2015 compared to the Nordic Hedge Index Composite (NHX) which returned 4,4% (est.) and the Multi Strategy Sub Index which returned 3,4% (est.).
Catella Nordic Long Short Equity had its best year on record, returning 15,1%, the Equity Sub Index of the NHX in comparison returned 9,6% (est.).