- 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

AT1 Bond Wipeout: Not the Default Mode of Resolutions

Stockholm (HedgeNordic) – As part of the takeover of Credit Suisse by UBS, Swiss financial regulator FINMA instructed the credit-stricken bank to write down...

P+ CEO Sørensen Announces Retirement

Stockholm (HedgeNordic) – After more than 21 years of overseeing pension fund management, Søren Kolbye Sørensen has announced his retirement from his role as...

The Hedge Fund Cure for Apoteket’s Pension Fund

Stockholm (HedgeNordic) – 2022 was one of the toughest years in recent memory for institutional investors, as the global economy and financial markets faced...

Sissener and Nordea’s Alpha Win UCITS Awards

Stockholm (HedgeNordic) – The Hedge Fund Journal, a monthly magazine focusing on the global hedge fund industry, has published the list of winners at...

Hedge Fund Exposure Pays Off for University Endowment

Stockholm (HedgeNordic) – The endowment fund of Aalto University in Finland edged down 3.5 percent after all fees and costs in 2022 during what...

Banking Turmoil as Buying Opportunity for Utbytte

Stockholm (HedgeNordic) – On Friday March 10, Silicon Valley Bank failed and was taken over by federal regulators after a run on deposits, as...


Most Popular This Week


Request for Proposal

- Advertisement -