- Advertisement -
- Advertisement -

Related

Nordea launch global long/short equity fund

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Nordea Asset Management, the largest financial services group in the Nordics, announced on September 27 the launch of a new global long-short equity fund. The fund, aptly named Nordea 1 – is designed to deliver consistent absolute returns and strives to maintain a low correlation to the returns of equity markets.

“Building on the strength of our multi-boutique approach, we see this new liquid alternative product as an important complement to our range of solutions helping investors withstand different market environments,” says Christophe Girondel, global head of institutional and wholesale distribution at Nordea Asset Management. “With concerns growing around historically low yields and increased market volatility, we believe that this absolute return solution is a relevant choice for investors who want to diversify their portfolio.”

U.S.-based ClariVest Asset Management, a foremost investment boutique based in San Diego, has been appointed the sub-manager of the fund. Five portfolio managers have been charged with overseeing portfolio construction and the overall risk profile, with Todd Wolter appointed as the lead portfolio manager. ClariVest was founded in 2006 and its majority stake is held by employees. It consists of 12 investment professionals averaging over 20 years in the industry.

Nordea Asset Management had €202b in AUM as of end June 2016. Nordea 1 is currently available for sale in Austria, Germany, France, The Netherlands, Belgium, Spain, Portugal, Italy, the UK, across the Nordics and all the Baltics.

Picture: (c) ollyy – shutterstock.com

 

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

European Alternative Investments Conference 2025

More than 200 practitioners, academics and thought leaders met in Copenhagen for the second European Alternative Investments Conference, hosted by Finansforeningen, CFA Society Denmark...

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Record Gold, Rising Momentum

The NHX CTA Index gained in September 2025, supported by a broad-based trend environment. Most of the profits came from precious metals, as gold...

From Rocky Starts to Solid Returns and Milestones

Lynx Asset Management, best known for its flagship trend-following program Lynx, has in recent years expanded its product offering with the launch of Lynx...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.