- Advertisement -
- Advertisement -

New Portfolio Manager in Charge of Adrigo Hedge

Report: Systematic Strategies

- Advertisement -

Stockholm (HedgeNordic) – Sven Thorén, who joined Adrigo Asset Management during the summer of this year as co-portfolio manager of Adrigo Hedge, has been announced as the Senior Portfolio Manager in charge of the firm’s flagship fund. Göran Tornée, a co-founder of Adrigo and CIO at the firm, has been managing Adrigo Hedge since its inception in December 2006, joined by portfolio manager Daniel Åhlin in December 2014.

Thorén has more than 20 years of experience in the financial industry as analyst and fund manager. Prior to joining Adrigo in June, Thorén had worked as portfolio manager at Catella Hedgefond, as well as served as fund manager or analyst at Brummer & Partners, Nordea and Pan Capital. The portfolio management team running Adrigo Hedge, a low risk long/short equity hedge fund investing in Nordic large-cap companies, continues to include Daniel Åhlin, who worked for six years as an analyst at a long/short equity hedge fund managed by Alsback Förvaltning AB prior to joining Adrigo in December 2014.

Staffan Östlin, meanwhile, remains in charge of Adrigo Small & Midcap L/S, which is enjoying a strong run of performance since starting in November of last year. The long/short equity hedge fund focusing on Nordic small- and middle-sized companies gained 14.9 percent year-to-date through September. Johan Eriksson is another member of the portfolio management team running the younger fund.

“As planned, Göran stepped down from his post in December 2017. During the recruitment process and Sven’s initial period, Göran has temporarily been managing the fund,” Stefan Gavelin, Adrigo’s chief executive officer, told HedgeNordic. Commenting on the appointment of Sven Thorén as the portfolio manager in charge of Adrigo Hedge, Gavelin said: “Sven Thorén now takes responsibility of managing Adrigo Hedge, while Göran remains as Senior Advisor at Adrigo. We are very pleased to have Sven in our team and are confident that with his strong background from managing long/short equities, we will continue to deliver strong risk adjusted returns to our investors.”

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

Indecap-PriorNilsson Deal Gets Regulatory Nod

Stockholm (HedgeNordic) – The Swedish Financial Supervisory Authority, Finansinspektionen, has granted approval for Indecap’s acquisition of fund boutique PriorNilsson Fonder. This strategic collaboration will...

Tidan Rides High on Normalized Market Conditions

Stockholm (HedgeNordic) – Tidan Fund, a hedge fund focused on capturing capital structure opportunities, is approaching its third anniversary this October with strong momentum....

Month in Review – August 2024

Stockholm (HedgeNordic) – Nordic hedge funds delivered solid performance during the roller-coaster month of August, with fixed-income-focused hedge funds leading the charge. The Nordic...

Danske Bank’s Multi-Asset Hedge Funds Gain Momentum

Stockholm (HedgeNordic) – In August 2022, Danske Bank Asset Management launched a hedge fund designed to capture ‘true’ alternative risk premia as compensation for...

Inspired by AP7, Carnegie Launches Leveraged Global Equity Fund

Stockholm (HedgeNordic) – As Carnegie Credit Edge comes to a close, Emil Nordström, who managed the fund’s derivatives strategy, is now steering a new...

Mandatum’s CTA Defies Trend in Tough August for Trend-Followers

Stockholm (HedgeNordic) – Trend-following managers had a tough time navigating markets in August, as evidenced by the 4.5 percent decline in the SG Trend...

Allocator Interviews

In-Depth: Commodities

Voices

Request for Proposal

- Advertisement -