- Advertisement -
- Advertisement -

Danske Appoints Head of Quant & Overlay

- 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

Perfect Storm for Antiloop’s Strategies

Stockholm (HedgeNordic) – Since its launch in February 2022, multi-strategy hedge fund Antiloop Hedge successfully navigated turbulent waters with few surprises. The month of...

Asilo’s Path to Finding Tomorrow’s Superstars

Stockholm (HedgeNordic) – In contrast to benchmark-hugging managers, a truly active equity manager combines independent thinking, strong conviction, and a long-term perspective to generate...

Thyra Hedge Capitalizes on the AI Boom

Stockholm (HedgeNordic) – After experiencing both ups and downs in performance over the past few years, tech-focused long/short equity fund Thyra Hedge is enjoying...

Month in Review: High Dispersion Among Equity Funds

Stockholm (HedgeNordic) – Nordic hedge funds experienced an estimated decline of 0.8 percent in May (as reported by 86 percent of funds) amid high...

The Veritas Approach to Building a Well-Rounded Equities Portfolio

Stockholm (HedgeNordic) – Pension funds play a vital role in safeguarding the financial futures of millions of individuals. Equities serve as the cornerstone of...

Formuepleje Appoints Rasmus Cederholm as New CIO

Stockholm (HedgeNordic) – Danish asset manager Formuepleje has announced the appointment of Rasmus Cederholm as its new Chief Investment Officer (CIO), effective from September....

Allocator Interviews


Most Popular This Week


Request for Proposal

- Advertisement -