Stockholm (HedgeNordic) – Norron, the Swedish multi-strategy shop running both absolute return and active equity strategies with a focus on Nordic capital markets, continues to grow its team through the announcement of three additional hires. Only last year, Norron added three new employees to its organisation.

The increase in staff is well in line with Norron’s strategy to strengthen and develop the asset management organisation and the company as a whole, a press release states.

“Norron has established an investment management team of individuals having extensive experience and strong skill-sets. Through these recruitments, we achieve a balanced team, with a good mix of experience, age, and academic credentials. We hope that these younger co-workers gradually will grow into more senior roles taking on more responsibilities within our investment management organisation”, Ulf Frykhammar (pictured), CIO and founder of Norron says.

The three new hires joining Norron in September are Oskar Ormegard, previously with Nordea, Oscar Sjögren, most recently with Handelsbanken and Johan Svantesson who joins from Redeye. Ormegard will have a focus on long-only management of Swedish equities. Sjögren will be responsible for quantitative analysis and derivatives while Svantesson will take on the role as junior portfolio manager overtaking Markus Plyhr’s previous role as he advances to a more senior portfolio manager position within Norron.

Norron has established an investment management team of individuals having extensive experience and strong skill-sets. Through these recruitments, we achieve a balanced team, with a good mix of experience, age, and academic credentials. We hope that these younger co-workers gradually will grow into more senior roles taking on more responsibilities within our investment management organisation