- Advertisement -
- Advertisement -

Related

Fund Manager Leaves DNB

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Jon Sigurdsen (pictured), former portfolio manager of now-closed DNB ECO Absolute Return, is leaving DNB Asset Management to focus on managing his own assets, according to a press release by DNB’s asset management arm. Sigurdsen was part of DNB’s Renewable Energy team as lead portfolio manager alongside co-portfolio manager Christian Rom.

Jon Sigurdsen used to manage both DNB Renewable Energy, a long-only equity fund focusing on companies operating in the renewable sector, and its market-neutral version, DNB ECO Absolute Return, alongside Christian Rom. DNB ECO Absolute Return was closed down earlier this year due to its small size and a sustained period of underperformance. Rom, who has been part of DNB’s Renewable Energy team in his role as co-portfolio manager since 2010, took over responsibility for managing DNB Renewable Energy starting from August 11.

According to the press release by DNB Asset Management, Christian Rom has “been actively involved in the strategic direction and the management of DNB’s Renewable Energy strategy” since joining the asset manager in 2010. “As part of the portfolio management team for DNB’s Renewable Energy strategy for more than ten years, Christian Rom has the required in-depth knowledge and understanding to further manage and develop the fund,” continues the press release. “He has a strong track record in alpha generation and has gradually managed an increasing share of the portfolio over the years.”

DNB Asset Management states that “the Renewable Energy team is set to be further strengthened” following the departure of Sigurdsen, who originally joined the Norwegian asset manager in 2005. “While the Renewable Energy team is set to be further strengthened, the investment philosophy and all processes of the Renewable Energy strategy will remain unchanged,” writes the press release. “In addition, the intensive cooperation with the five-member ESG team will be successively expanded.”

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

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

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.