Board Reshuffle at Nordkinn

Stockholm (HedgeNordic) – Peter Hansson has replaced Tor Bechmann as the board chairman of fixed-income and macro specialist Nordkinn Asset Management. Bechmann remains on the board as an independent board member. Christer Franzén, an independent board member since 2012, has resigned from the board of directors.

“Nordkinn expresses profound gratitude for the excellent work and contributions from Christer Franzén and Tor Bechmann in their respective roles within Nordkinn over the past nine years,” writes Nordkinn Asset Management in a press release. “Nordkinn and its new board of directors are excited and committed to continue making Nordkinn the Nordic fixed income specialist and a trusted partner for absolute returns.”

“Nordkinn expresses profound gratitude for the excellent work and contributions from Christer Franzén and Tor Bechmann in their respective roles within Nordkinn over the past nine years.”

Nordkinn’s new board chair, Peter Hansson (pictured), has been an independent board member at Nordkinn since 2019. Hansson is the former CEO of SPK Sparinstitutens Pensionskassa, the pension insurance company for Swedish savings banks. He held the position from 2005 until 2018. He was also the CFO of SPK from 1993. As CEO of SPK, he was engaged in Tjänstepensionsförbundet – the association for Swedish workplace pension schemes – as board member, chairman and its Swedish representative in PensionsEurope, which governs the interests of all national associations of funded pensions across Europe. Besides Nordkinn, Hansson sits on the board of Första AP-fonden (AP1) and chairs the Investment Committee of Barncancerfonden, the Swedish Childhood Cancer Fund.

He has taken over the role from Tor Bechmann, who has been Nordkinn’s chairman since 2012. Eva Redhe remains on the board as an independent board member and as does Emma Ihre as an independent adjunct board member in her capacity as Nordkinn’s Investor Ombudsman. Erik Eidolf and Tom Farmen, founding partners of Nordkinn Asset Management, remain on the board as non-independent board members.

“Nordkinn and its new board of directors are excited and committed to continue making Nordkinn the Nordic fixed income specialist and a trusted partner for absolute returns.”

Nordkinn Asset Management runs Nordkinn Fixed Income Macro Fund, one of the largest hedge funds in the Nordics with €1.33 billion in assets under management. Nordkinn’s global macro fixed-income fund has delivered an annualized return of 3.2 percent since its launch in the summer of 2013 and achieved an inception-to-date Sharpe ratio of 1.19. Nordkinn Fixed Income Macro Fund was up 6.4 percent in 2020 after advancing 0.5 percent in the turbulent first quarter of last year. The fund is up 1.3 percent in the first five months of 2021.

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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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