- Advertisement -
- Advertisement -

Related

Truepenny Gears Up for Fund Launch with Key Appointment

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – In anticipation of the upcoming launch of its macro fund, Sweden-based Truepenny Capital Management has appointed Fredrik Sundvall as Chief Technology Officer (CTO) and portfolio manager. Sundvall will be collaborating with Thomas Orbert, the founder and CIO of Truepenny, in overseeing the soon-to-be-launched Truepenny Global Macro. This fund stands on three strategy pillars, combining systematic dynamic asset allocation, relative value strategies, and a discretionary macro overlay.

“New year – new challenges and opportunities! I am stepping into the role as CTO and portfolio manager at Truepenny Capital Management,” Fredrik Sundvall announces on LinkedIn. “This is something I have only been able to dream about so far, and for me, this is more exciting than climbing Mount Everest,” he notes. “And to do this with old friends and former colleagues is just fantastic!”

“New year – new challenges and opportunities! I am stepping into the role as CTO and portfolio manager at Truepenny Capital Management.”

Sundvall has 27 years of experience in financial markets, specializing in information technology and project management. His journey started as a quantitative analyst in fixed income at SEB, leading to his most recent role as a solution manager in a team for private and digital assets at Nordea Wealth Management. His extensive career includes positions such as Global Head of IT and e-trading within fixed income at SEB Markets, portfolio manager focusing on developing an alpha/beta separated strategy at SEB, and Head of Markets at SEB Latvia.

“The appointment of Fredrik is crucial to our assembly line at Truepenny to roll out new strategies in the future.”

Truepenny’s CEO, Thomas Lönnerstam, emphasizes that Fredrik Sundvall will play a vital role in managing Truepenny Global Macro, working alongside CIO Thomas Orbert across all three strategy pillars, with a specific focus on systematic strategies. Lönnerstam notes, “The appointment of Fredrik is crucial to our assembly line at Truepenny to roll out new strategies in the future.”

Following a career spanning over two decades as a quant researcher and portfolio manager at renowned banks and hedge funds like Nektar, Thomas Orbert founded Truepenny Capital Management in 2020. The firm is currently in the process of launching Truepenny Global Macro as a Luxembourg-domiciled SICAV. The fund will deploy a range of trading strategies, encompassing fully systematic dynamic asset allocation, relative value strategies, and model-based macro strategies focused on inflation risks. The fund is scheduled for launch towards the end of the first quarter or the beginning of the second quarter.

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

Othania’s All-In-One Fund Celebrates Five Years

Danish fund boutique Othania is celebrating the five-year anniversary of Othania Balanceret Makro, its all-in-one fund blending equity, bond, and alternatives exposure through Exchange...

Atlant Fonder Crosses SEK 10 Billion Milestone

Strong performance and steady inflows have propelled alternative fund boutique Atlant Fonder past the SEK 10 billion milestone in assets under management. Its flagship...

Nordea PM Joins Lancelot Global as Co-Manager

Lancelot Global, a long-only equity fund with flexible net exposure ranging from 60 to 120 percent, has strengthened its portfolio management team with the...

Quirky Questions – or, A Peoples Business

If asset management were only about numbers, we could all go home and let the calculators get on with it. But calculators are dull...

Navigating CLOs Through ETFs: Opportunities in AAA-Rated Tranches

By UBS Asset Management: Collateralized Loan Obligations (CLOs) have long been a cornerstone of the U.S. securitized products market, evolving from a niche institutional investment...

From Core to Alternatives: The ETF-Driven Approach of a Finnish Wealth Manager

Wealth managers are tasked with designing investment portfolios that align with clients’ needs, objectives, risk tolerance, preferences, and financial circumstances. While high-net-worth clients often...

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.