Stockholm (HedgeNordic) – Systematic asset manager Lynx Asset Management has recently surpassed 100 employees, with over 20 new hires in 2023 across its headquarters in Stockholm and its New York office. The most notable additions include Andreas Johansson, the former head of SEB’s Quantitative Equity team, and Stefan Nydahl, previously CEO of systematic manager Informed Portfolio Management (IPM).
“We are happy and proud to announce that Lynx just exceeded 100 employees, having hired over 20 people between our headquarters in Stockholm and office in New York this year,” Lynx Asset Management announces this milestone on LinkedIn. “As the uncertain macroeconomic and geopolitical landscape creates greater challenges for investors, Lynx recognizes the need to reinvest in the firm to stay ahead of our competition and deliver value to our investors,” the LinkedIn post continues. “Our employees are our most important asset and we continue to grow the team to achieve our objectives.”
“We are happy and proud to announce that Lynx just exceeded 100 employees…”
Launched at the turn of the century, Lynx Asset Management currently manages over $7 billion in assets, primarily through its flagship trend-following Lynx program. The original Lynx Fund, which combines trend-following and diversifying models to capitalize on opportunities across a broad range of markets and asset classes, has delivered an annualized return of 9.3 percent since its inception in May of 2000 with a negative 0.14 correlation to the MSCI World Index. The fund is down about five percent so far in 2023 after advancing 5.7 percent month-to-date through September 21. This follows Lynx Fund’s second-best annual performance in 2022 since its launch in 2000, with a return of 36 percent.
With the appointments of Andreas Johansson and Stefan Nydahl as Co-Heads of Systematic Equities (read more), among others, Lynx Asset Management has embarked on a long-term project to develop a systematic equity strategy to complement its existing product lineup. The current lineup includes the flagship trend-following program and a more recently launched systematic macro program. While celebrating the achievement of 100 employees, the firm continues to seek talent to strengthen its team, particularly in the area of systematic, quantitative equities research.