All Roads Lead to RAM

Stockholm (HedgeNordic) – Mikael Fredriksson, who co-founded RAM Rational Asset Management (RAM) but left the company in 2019, will return to the Swedish asset manager as a partner and manager. In connection with his return, Fredriksson has invested a significant amount of capital in RAM’s investment funds: RAM ONE, a long/short equity fund structured as a special fund, and RAM Equity Long/Short, the UCITS version of the flagship fund.

“Mikael has worked close to me for more than 23 years. We know each other well. Getting him back on the team and being able to benefit again from the skills he possesses is very positive,” comments Erik Edholm, RAM’s CEO and co-founder. Edholm goes on to say that Fredriksson “will be an important cultural carrier as we now take the next step in the development of RAM.” According to Edholm, Fredriksson will take responsibility both in the management of the two funds and in the asset manager’s future development.

“I am convinced that RAM has an important role to play as an independent absolute return manager in Stockholm, especially now that several competing funds have wound up their operations,” asserts Edholm. “With Mikael on board, the probability increases that we can take advantage of the investment opportunities that are created when fewer and fewer players in our region focus on fundamental analysis.”

“After working with the team for a long time, first at Investor and then at RAM, it was a difficult decision to leave in 2019,” Fredriksson comments on the decision to leave RAM last year. “Now that I have focused on investing my equity for a while, it feels very good to re-join the team at RAM,” he continues. “I look forward to contributing to both good returns and the company’s development in the future. I am convinced that we have more to give and look forward to working with RAM and the rest of the team to develop RAM further.”

Both RAM ONE, which is part of the Nordic Hedge Index, and its UCITS equivalent, RAM Equity Long/Short, are at all-time highs. RAM ONE is on track for its best year since 2013 after last month’s gain of 4.4 percent brought the year-to-date advance to six percent. The fundamentals-focused equity long/short hedge fund delivered an annualized return of 5.3 percent since launching in November of 2002.

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About Author

Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index (NHX), as well as being a novice columnist covering the Nordic hedge fund industry for HedgeNordic. Prior to joining HedgeNordic, Eugeniu had served as a columnist for a U.S. journal covering insider trading activity, activist campaigns and hedge fund moves. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018.

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