- Advertisement -
- Advertisement -

Related

Pandium Goes Live Under Carnegie Umbrella

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Value-oriented fund Pandium Global is officially going live as Carnegie Global as of the beginning of September, several months after fund manager Carnegie Fonder reached an agreement to take over the fund and hire its portfolio manager, Mikael Tarnawski-Berlin (pictured).

The new Carnegie Global fund, an actively managed equity fund that started operating on September 3, was launched in February 2014 as Pandium Global. The fund has been run by the same manager and followed the same management philosophy since inception. Pandium Global generated a cumulative return of 92.0 percent since its inception through the end of August of this year, corresponding to a compounded annual return of 15.3 percent. The value-oriented fund gained 20.8 percent this year through August.

“In recent years, there has been great demand for an equity fund that invests globally with no geographical restrictions. We have been waiting to respond to this demand until we had the appropriate management expertise in place, and that time has now come,” Carnegie Fonder’s chief executive officer, Hans Hedström, was quoted in a press release announcing the launch of Carnegie Global.

Speaking of the investment philosophy of Carnegie Fonder and the new Carnegie Global fund, Mikael Tarnawski-Berlin says: “We are value investors. This means that we invest for the very long term in a few good companies that are well managed – if they are undervalued.” Although Carnegie Global invests globally with no geographical restrictions, the fund does not invest in several industries such as alcohol, tobacco, gambling, and fossil fuels. Not only does Carnegie Global avoid these industries, but the fund also invests only in companies complying with international conventions on environment, human rights and corporate governance. “Sustainable companies are just better companies,” says fund manager Mikael Tarnawski-Berlin.

Prior to being renamed into Carnegie Global and joining the Carnegie family of funds, Pandium Global was structured as an alternative investment fund (AIF). The new fund operates as a UCITS fund under the stewardship of Carnegie Fonder.

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

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

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...

Europe’s Infrastructure Transformation: Where the Smart Money is Going

Infrastructure is at the heart of Europe’s economic transformation. Richard Marshall, Head of Infrastructure Research at DWS, explores how subsectors like data centres, renewable...

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.