- Advertisement -
- Advertisement -

Related

Danske Appoints Head of Quant & Overlay

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Danske Bank Asset Management announced the appointment of Thomas Gade as Head of Quant & Overlay as a successor to Jasper Riis, who joined +, Pensionskassen for Akademikere in March. The Quant & Overlay team manages Danske Bank’s quantitative-based equity strategies, equity and derivatives-based hedge fund strategies, and equity index products.

“It’s an obvious move in many ways. I recognise the ambitions and the high level of professionalism at Danske Bank Asset Management from my years in London,” comments Thomas Gade. “While Danske Bank is anchored in the Nordics, the organisation’s outlook is global,” he continues. “The investment area is undergoing rapid development and can really provide value for customers.”

Thomas Gade joins Danske Bank Asset Management from Goldman Sachs, where he spent close to ten years within its Nordic institutional solutions group. Gade will reunite with the CIO of Danske Bank’s asset management arm, Thomas Otbo, who recruited Gade to his team at Goldman Sachs back in 2013.

“We get an investment profile who can further develop the investment area thanks to his solid international experience and a broad understanding of asset classes across markets.”

“With the recruitment of Thomas Gade, we get an investment profile who can further develop the investment area thanks to his solid international experience and a broad understanding of asset classes across markets,” comments Otbo, who has been serving as CIO of Danske Bank Asset Management since 2021. “At the same time, we are also bringing onboard a strong commercial profile with a deep insight into the needs of customers.”

Danske Bank’s Quant & Overlay team works with liquid alternative strategies, and index funds, as well as the development of several portfolio solutions with a particular focus on integrating sustainability. This team is responsible for managing two hedge funds that are part of the Nordic Hedge Index. Danske Bank’s Global Alternative Opportunities Fund seeks to capture alternative risk premia across several asset classes, while Danske Invest Global Cross Asset Volatility seeks exposure to volatility risk premia embedded in equities, fixed income, credit, and currencies.

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

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Atlant Funds Hold Up in May Despite Mistimed Market Call

Macroeconomic and market forecasts are notoriously difficult, even for experienced hedge fund managers. What matters more than being right, however, is ensuring that incorrect...

Allocator Interviews

In-Depth: High Yield

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.