- Advertisement -
- Advertisement -

Martin Axell Leaves Länsförsäkringar for Lancelot

Report: Systematic Strategies

- Advertisement -

Stockholm (HedgeNordic) – Money manager Martin Axell is leaving Swedish fund management group Länsförsäkringar after eight and a half years in the role of Head of Multi Assets and Manager Selection to join Lancelot Asset Management. In addition to running Länsförsäkringar’s asset allocation funds, he used to run the insurer’s multi-asset hedge fund Länsförsäkringar Multistrategi alongside Sebastian Hallenius since the duo assumed responsibility for the day-to-day management of the fund in mid-June 2019.

“After 20 years at large companies in the asset management industry, most recently as Head of Länsförsäkringar’s asset allocation fund management, I will shortly move on to another asset management business,” Axell announced on LinkedIn. “It has been a privilege to lead and learn from talented colleagues and friends in asset allocation fund management, where the team’s total number of managed funds has increased from 5 to 18, and assets under management have gone from SEK 4.5 billion to SEK 75 billion.”

Before returning to Sweden in 2014, Axell spent six years in London working for the largest corporate pension scheme in the United Kingdom, BT Pension Scheme Management, as investment manager, at insurance companies Amlin as investment development manager, and at Legal & General as Head of Investment Team, as well as Morgan Stanley. He joined Länsförsäkringar in May 2014.

“I join Lancelot to help clients navigate in this new market, and more specifically to run the firm’s global asset allocation fund Ector.”

Martin Axell will join Lancelot Asset Management on November 4 as a senior fund manager of asset allocation. “Today’s financial challenges of high volatility and steep inflation along with positive correlation between equities and bonds, require new ways of thinking in terms of managing multi asset class long-term savings portfolios,” comments Axell. “I join Lancelot to help clients navigate in this new market, and more specifically to run the firm’s global asset allocation fund Ector,” he tells HedgeNordic.

Lancelot Ector targets stable returns through active management across equity and fixed-income markets. Ector runs a benchmark-agnostic investment strategy focusing on stable companies with low valuation and low beta, along with an active and opportunistic fixed-income strategy, according to Axell. Ector has delivered an annualized return of 5.1 percent with low volatility since 1996.

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

Brobacke Gains 7.6% in Early July, Predicts Continued Bull Market

Stockholm (HedgeNordic) – After a relatively flat first half of 2024, marked by noticeable month-over-month volatility, discretionary macro fund Brobacke Global Allokering advanced 7.6...

Kristofer Barrett Back to Managing Tech Fund

Stockholm (HedgeNordic) – Kristofer Barrett, the former portfolio manager of the multi-billion-dollar Swedbank Robur Technology fund, has returned to managing a technology-focused equity fund....

Tidan’s Resurgence Amid Markets Needing a Touch of Magic

Stockholm (HedgeNordic) – In late 2021, Michael Falken and his team at Tidan Capital launched a hedge fund employing a capital structure relative value...

The Value of Short Selling for Symmetry

Stockholm (HedgeNordic) – Stock-picking hedge fund Symmetry Invest has achieved a net-of-fees annualized return of 18 percent since its inception just over 11 years...

Month in Review – June 2024

Stockholm (HedgeNordic) – Despite June marking the end of a long streak of consecutive positive months, the Nordic hedge fund industry still achieved its...

New Equity Managers Join Borea to Bolster Fund Offerings

Stockholm (HedgeNordic) – Following the acquisition of a majority stake by Frendegruppen – a consortium of Norwegian independent banks, Borea Asset Management is strengthening...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -