- Advertisement -
- Advertisement -

Susanna Urdmark Joins Rhenman

- Advertisement -

Stockholm (HedgeNordic) – Rhenman & Partners, the Stockholm-based fund manager, announced the recruitment of Susanna Urdmark (pictured), as the company continues its strategic expansion. Urdmark will be reinforcing the Healthcare team, and second founder Henrik Rhenman as portfolio manager for the Rhenman Healthcare Equity Long/Short fund.

For the last ten years, Urdmark has strengthened her healthcare expertise, as CFO at the Stockholm-based Bluefish Pharmaceuticals. She also has a strong background in the financial industry, given previous positions as portfolio manager at Handelsbanken Asset Management and sector analyst at Handelsbanken Capital Markets and Carnegie.

Henrik Rhenman explains that the recruitment of Urdmark is strategic in several dimensions, as the expansion of the healthcare sector and its globalization put pressure on the fund’s management. The fund will have more opportunities to take short positions when the sector will have reached a more normalized valuation. The organization will therefore require more resources. For Rhenman, it is especially fun to welcome a person whose successful career he has been following for a long time.

2017 has started well for Rhenman’s Healthcare focused fund, with a performance of +22% for the first quarter, compared to the sector’s MSCI index performance of only 6%.


Picture: (c) wrangler—shutterstock.com


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

Our newsletter is sent once a week, every Friday.

Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.


Most Popular This Week

Request for Proposal

- Advertisement -

Latest Articles

The 2x Version of Calculo Evolution

Stockholm (HedgeNordic) – Commodity-focused quantitative manager Calculo Capital has launched a higher risk, higher return version of its Calculo Evolution Fund. The original trend-following strategy...

Month in Review – November 2022

Stockholm (HedgeNordic) – After a difficult end to the third quarter, Nordic hedge funds are enjoying a strong fourth quarter. The Nordic hedge fund...

A COO for Protean’s Growth Journey

Stockholm (HedgeNordic) – The founding duo of the newly-launched Swedish hedge fund Protean Select has appointed Daniel Mackey as the Chief Operating Officer of...

Tor Svelland’s Fund Tops the Ranking

Stockholm (HedgeNordic) – One month to the end of the year, Svelland Global Trading Fund of Norwegian Tor A. Svelland takes the top spot...

Will Equities Bottom Out Like in 1974?

Stockholm (HedgeNordic) – Growing signs that price pressures are easing suggest inflation may have peaked, which has some market participants wondering whether equity markets...

Rising Mortgage Rates and Falling Stock Prices

Copenhagen – (Jesper Rangvid): During 2022, mortgage rates have risen and stock prices have fallen, both negatively influencing households’ consumption possibilities. But how much...