- Advertisement -
- Advertisement -

Related

Onto the Next Chapter

Latest Report

This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

Stockholm (HedgeNordic) – Kent Torbjørnsen, the co-founder of Polar Asset Management and its now-closed multi-strategy, multi-asset hedge fund, has been appointed the chief executive officer of the Oslo arm of multi-asset investment house and securities broker Minter Markets. Before setting up Polar Asset Management in early 2020, Torbjørnsen spent about 13 years at DNB Markets, seven as Head of Trading Desk Private Clients.

“It is with great joy, humility and zeal that I am now fortunate enough to be allowed to take over the baton as CEO of Minter Markets Oslo,” writes Torbjørnsen (pictured right) in a LinkedIn post. “We at Minter Markets will work really hard to ensure that our customers get a combination of the market’s best prices, an environment of strong financial competence and will work to become an obvious partner for active investors in the securities market,” he adds.

“It is with great joy, humility and zeal that I am now fortunate enough to be allowed to take over the baton as CEO of Minter Markets Oslo.”

With about 40 years of combined experience at DNB Markets, Kent Torbjørnsen and his colleague Ole Christian Presterud left Norway’s leading investment bank to start their own asset management business. The Norwegian duo launched Polar Asset Management in January 2020 and launched multi-strategy fund Polar Multi Asset at the beginning of March. Despite getting off to a great start with a 20 percent advance in March alone, the duo relaunched a lower-risk, less-volatile version of the fund towards the end of 2020 following an ill-timed bet against equity markets. Soon after that, Torbjørnsen and Presterud decided to close down both the fund and the investment management company.

Polar Multi Asset gained 20.5 percent in March of last year, its first month of operations, and delivered a cumulative return of 6.4 percent through the end of October when the fund was closed down to launch its lower-risk version under the “Polar Value” name. Polar Value, meanwhile, generated a cumulative return of 9.9 percent since launching in November through its closure in February this year.

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

Confluence Marks Next Step in Tidan Capital’s Evolution

Stockholm-based fund boutique Tidan Capital has officially launched its multi-strategy fund vehicle, Confluence, with the strategy now overseeing $265 million across fund and separately...

Trend-Followers Stay the Course in October

The CTA sub-index of the Nordic Hedge Index advanced for a second consecutive month in October, supported by continued trends in precious metals and...

From Exclusive to Accessible: Coeli Listed Real Estate

In the summer of 2024, Swedish asset manager Coeli partnered with real estate specialist Peter Norhammar and NRP Anaxo Management to launch a concentrated...

Strong Earnings Drive Norron Select Higher in October

Mid-to-late October is always a busy earnings season for public companies and, by extension, for stock-picking managers. For long/short equity fund Norron Select, a...

Report: Alternative Fixed Income 2025

As 2025 is deep in its final quarter, investors find themselves navigating a world of contradictions. Equity markets, flush with liquidity and investor optimism,...

Beyond Plain-Vanilla: Ridge Capital Navigates Three Distinct Market Years

In a traditional high-yield bond fund, the yield-to-maturity often serves as a rough indicator of expected returns. Ridge Capital, however, operates with a more...

Allocator Interviews

In-Depth: High Yield

- Advertisement -

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.