- Advertisement -
- Advertisement -

Related

Atlant Unveils Fund Range Overhaul

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Shortly after acquiring Pacific Fonder and the three equity funds and two hedge funds under its umbrella, hedge fund house Atlant Fonder is currently in the process of overhauling the recently-acquired fund range.

The Stockholm-based asset manager has announced plans to merge the two hedge funds in early 2020. The firm is also in the process of liquidating two of the three equity funds, Pacific Global Dynamic and Pacific Extraordinary Brands, because of the small volume of assets under management. Commenting on the decision to liquidate the two funds, Michael Ekelund (pictured), Atlant Fonder’s CEO, says that “both funds have small asset bases and a little bit surprisingly, there has been little investor interest in Pacific Extraordinary Brands.”

The merger and closures aim to streamline Atlant Fonder’s fund offering and reduce administrative costs. “This is in line with our vision to become one of Sweden’s leading players in alternative investments,” Ekelund tells HedgeNordic.

Multi-asset, multi-strategy fund Pacific Multi Asset will be merged into Pacific Precious on March 16, 2020. Pacific Precious is a multi-strategy hedge fund that seeks to offer exposure to precious metals. Both funds represent liquid alternatives that aim to generate targeted, absolute returns. Pacific Multi Asset has been maintaining exposure to precious metals of at least 50 percent, which represents one of the reasons behind the announced merger. Finansinspektionen, the Swedish Financial Supervisory Authority, approved the merger on December 12.

The recent acquisition of Pacific Fonder brought Pacific Precious, Pacific Multi Asset and three additional equity funds under the umbrella of Atlant Fonder. Following the merger of the two Pacific hedge funds next year and the upcoming closure of the two equity funds, Atlant Fonder’s fund range will include nine funds.

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

From Beef to Bitcoin: August’s Wild CTA Ride

In August 2025, the CTA sub-index of the Nordic Hedge Index edged lower after two positive months, reflecting mixed performance among managers. Strong gains...

Lauri Ehanti to Leave Aalto University Endowment After 14 Years

Lauri Ehanti is leaving Aalto University’s endowment fund after 14 years in various roles, most recently as Head of Investments. His responsibilities will be...

Othania’s All-In-One Fund Celebrates Five Years

Danish fund boutique Othania is celebrating the five-year anniversary of Othania Balanceret Makro, its all-in-one fund blending equity, bond, and alternatives exposure through Exchange...

Atlant Fonder Crosses SEK 10 Billion Milestone

Strong performance and steady inflows have propelled alternative fund boutique Atlant Fonder past the SEK 10 billion milestone in assets under management. Its flagship...

Nordea PM Joins Lancelot Global as Co-Manager

Lancelot Global, a long-only equity fund with flexible net exposure ranging from 60 to 120 percent, has strengthened its portfolio management team with the...

Quirky Questions – or, A Peoples Business

If asset management were only about numbers, we could all go home and let the calculators get on with it. But calculators are dull...

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.