- Advertisement -
- Advertisement -

Related

Mangold’s QQM Stake Acquisition Gets Approved

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – The Swedish Financial Authority has given the go-ahead for Mangold’s acquisition of a 25 percent-stake in QQM Fund Management, the Stockholm-based asset manager running systematic market-neutral fund QQM Equity Hedge. The deal was announced in early July and was approved by Finansinspektionen at the end of last week.

“We are extremely pleased to welcome Mangold as a significant shareholder in QQM,” says Ola Björkmo (pictured right), the CEO of QQM. “We are convinced that a long-term partnership with Mangold, an independent Swedish securities broker with a successful private banking business aimed at company owners, individuals and foundations will strengthen our distribution capabilities and help in the future development of QQM.”

At the time the deal was announced, the total purchase price for the 25 percent-stake amounted to SEK 3.7 million, with part of the consideration paid in cash and the remaining payment consisting of equity ownership in Mangold. Following the approval by Finansinspektionen, Mangold is the second-largest owner of QQM Fund Management.

Mangold owns stakes of similar size in two other Nordic alternative asset managers, Skandinaviska Kreditfonden (SKF) and Resscapital. SKF manages several direct lending funds in the Nordics, whereas Resscapital manages Ress Life Investments – an alternative investment fund investing in the secondary market for U.S. life insurance policies.

QQM Equity Hedge, which employs a systematic market-neutral strategy designed to capture the correlation between fundamentals and equity prices, gained 7.6 percent year-to-date through the end of September. The fund was up 12.0 percent through the end of August after registering its best monthly performance on record in May. The fund managed by Ola Björkmo and Jonas Sandefeldt (pictured left) gave up some of the gains in September.

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

Origo’s Johansson Returns to Sohn Conference with High-Conviction Pick

Swedish stock-picking boutique Origo Fonder is gaining fresh recognition following a strategic transformation, strong performance, and growing assets. The firm’s evolution into an “Origo...

Commodities Lift CTAs Amid Turmoil

In June 2025, the NHX CTA Index was up as losses in stocks and bonds were outweighed by profits in commodities, but briefly erupting...

Finserve Global Security Fund Boosts Quant Edge with Martin Redgård

Under lead portfolio manager Joakim Agerback, the Finserve Global Security Fund has successfully capitalized on the global surge in defense, cybersecurity, and space investments...

Visio Allocator Storms Back After Difficult March

After posting the worst monthly performance in its 15-year history with a 13.7 percent decline in March, the team behind the multi-strategy Visio Allocator...

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

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.