- Advertisement -
- Advertisement -

Related

Fund Manager Leaves DNB

Latest 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

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...

Accendo-Backed SSH Secures Major Investment from Leonardo

While public and policy discussions around defence often focus on conventional weapons, many of today’s most active and frequent battles are unfolding in cyberspace....

Swedbank Robur Strengthens Private Equity Team

Swedbank Robur has appointed Lorenzo Gregory Sormani as co-portfolio manager of its private equity fund, Swedbank Robur Alternative Equity I, joining Senior Portfolio Manager...

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.