- Advertisement -
- Advertisement -

One Step Closer

- Advertisement -

Stockholm (HedgeNordic) – Atlas Global Macro, the hedge fund of Danish entrepreneur, author and investor Lars Tvede, has been approved by the Luxembourg financial supervisory authority, the CSSF, and is getting closer to its launch date. Tvede, a Dane living out of Switzerland who co-founded several ventures such as forecasting company Supertrends and authored 17 books on business cycles, psychology, trading psychology and other topics, has been awaiting approval from regulators to launch his Luxembourg-domiciled hedge fund.

“We are very pleased to announce that Atlas Global Macro has now finally been approved by the authorities in Luxembourg and can therefore start in 2-3 weeks,” writes Tvede. “We have a master fund in Luxembourg and a feeder fund in Denmark,” says Tvede. “The purpose of the Danish feeder fund is solely to make it a little easier and purely practical for Danes to invest.”

“We are very pleased to announce that Atlas Global Macro has now finally been approved by the authorities in Luxembourg and can therefore start in 2-3 weeks.”

“As the name suggests, Atlas Global Macro is a global macro-focused fund based on themes, employing a long-term-oriented and directional approach with an overlay of a tactical approach,” Tvede told HedgeNordic earlier this year. “I spend a lot of time thinking about the next big theme driving financial markets,” he added. “Getting the big theme right is 90 percent of success. The last ten percent, the actual execution, is the smaller part.”

“As the name suggests, Atlas Global Macro is a global macro-focused fund based on themes, employing a long-term-oriented and directional approach with an overlay of a tactical approach.”

Atlas Global Macro was expected to launch within two weeks after the fund receives the go-ahead from the regulator in Luxembourg. With the fund now approved by the Luxembourg financial supervisory authority, Tvede expects to launch Atlas Global Macro within the next two to three weeks. Tvede also announced that the hedge fund’s prime broker is Credit Suisse. “They are responsible for virtually all administration as well as for the execution of our trades,” writes Tvede.

close

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

Most Popular This Week

Request for Proposal

- Advertisement -

Latest Articles

Expected 75 Point Hike in Riksbank Rate

Stockholm (HedgeNordic) – Sweden’s Riksbank raised the key interest rate by an expected 75 basis points to 2.5 percent, the highest level since 2008....

The Age of Macro is Back

Stockholm (HedgeNordic) – In recent years, fixed-income macro managers such as Carlsson Norén have struggled to deliver attractive absolute returns in a low-volatility environment...

Man AHL Launches its First Systematic Article 9 Fund

Stockholm (HedgeNordic) – Man Group’s quantitative investment arm and engine, Man AHL, has launched the asset manager’s first systematic Article 9 fund. Relying on...

Corporate Bonds are Very Attractive Finds Atlant Fonder

Stockholm (HedgeNordic) – This year’s broad sell-off in the bond market due to aggressive monetary tightening in the fight against inflation may have investors...

Afalon’s Holistic Approach Amid Fund Closure

Stockholm (HedgeNordic) –  Finnish asset manager Afalon Investment Management has called time on its hedge fund that sought to identify investments aligned with sustainability...

HedgeNordic’s CTA Roundtable Back in the Flesh

Stockholm (HedgeNordic) – On November 17, 2022, HedgeNordic hosted its traditional, annual CTA roundtable in Stockholm. After two years in a virtual format, it...