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. The new team will be responsible for managing the fixed income funds offered by Catella as well as the interest rate exposure within Catella Hedgefond, the team will also assist in developing new products.

Elofsson and Wigstrand both joins from Skandia’s Investment Management division where Elofsson was head of investment strategy and deputy CEO while Wigstrand was a senior portfolio manager being responsible for the credit portfolio linked to Skandia Liv and also managing the institutional credit fund Thule Credit Fund.

Elofsson and Wigstrand will officially join Catella on September 5, 2016.

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