- Advertisement -
- Advertisement -

Danske’s Petry Given New Portfolio

- Advertisement -

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 return basis ending in February 2017, by comparison to an average manager return of 2.6% in the Alt UCITS – Long/Short Equity sector.

Perry (pictured) was handed the fund earlier this month, replacing co-managers Klaus Röpke and Jens Wiberg Larsson, who had run the fund since inception in November 2011. Danske Invest has not yet made an official comment on the replacement.

Petry has been with Danske bank since 2000, where he has held positions as head of global fixed income and subsequently as the manager of the Fixed Income Strategies hedge fund.




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

Salkovic Named Co-Manager of Sweden’s Largest Tech Fund

Stockholm (HedgeNordic) – Swedbank Robur has appointed Nejla-Selma Salkovic as the co-manager of Swedbank Robur Technology, alongside Christian Blink, who is the responsible portfolio...

Best-Ever Start to the Year for Nordic Hedge Funds

Stockholm (HedgeNordic) – The Nordic hedge fund industry, as indicated by the Nordic Hedge Index, has kicked off the year with its strongest performance...

“This is a Bear Market Rally”

Stockholm (HedgeNordic) – Broad stock markets have staged a solid recovery since the bear-market low of mid-October 2022. Despite the passage of nearly one...

Nasdaq Introduces Futures Tied to Swedish Small-Cap Index

Stockholm (HedgeNordic) – Nasdaq has rolled out futures linked to the OMX Sweden Small Cap 30 ESG Responsible Index. This index, and by extension,...

Norselab’s Credit Arm Eyes AUM Doubling with New Hire

Stockholm (HedgeNordic) – Norselab’s credit arm, which has grown to NOK 2.7 billion in assets under management within just 18 months since its inception,...

Nykredit’s Former Fixed Income Head to Join HP Fonds

Stockholm (HedgeNordic) – After departing from his role as Head of Fixed Income at Nykredit Asset Management six months ago, Henrik Jørgensen will be...

Allocator Interviews

Latest Articles

In-Depth: Emerging Markets


Request for Proposal

- Advertisement -