- Advertisement -
- Advertisement -

Related

New Equity Managers Join Borea to Bolster Fund Offerings

Report: Alternative Fixed Income

- Advertisement -

Stockholm (HedgeNordic) – Following the acquisition of a majority stake by Frendegruppen – a consortium of Norwegian independent banks, Borea Asset Management is strengthening its investment team with the addition of two portfolio managers. The fixed-income-focused boutique welcomes Jon Hille-Walle and Audhild Aabø as equity portfolio managers, as part of plans to expand its fund offerings for the banks’ retail and corporate customers.

“Borea Asset Management is growing strongly, and we are experiencing increased demand for a wider range of mutual funds. Therefore, we are very happy to be able to announce that we are now further strengthening the team with two experienced equity managers,” announces the team at Borea Asset Management. “With the appointment of Jon and Audhild, we look forward to offering more funds to our customers in the future.”

“Borea Asset Management is growing strongly…we are very happy to be able to announce that we are now further strengthening the team with two experienced equity managers.”

Both Jon Hille-Walle and Audhild Aabø join Borea from Nordea Investment Management. Hille-Walle, who spent the past 19 years as a portfolio manager at Nordea, managed a Norwegian long-only equity fund with a focus on oil services and shipping, and co-managed a global equity fund and institutional clients’ tactical asset allocation portfolios. With nearly nine years at Nordea, seven of which as a portfolio manager, Aabø specialized in consumer and seafood companies and served as a portfolio manager of Nordea Global Diversity Engagement Fund.

A consortium of independent banks within Frendegruppen, Norway’s second-largest banking partnership, has recently agreed to acquire a 70 percent stake in Borea Asset Management. Established 22 years ago, Borea Asset Management has so far specialized in managing capital for professional investors through special funds, particularly in fixed-income products. The firm is now adapting its offerings to appeal to a broader market by expanding its range of mutual funds. The recent appointments of Hille-Walle and Aabø are part of this strategic plan.

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

Hilbert Expands Asset Management Arm

Hilbert Group, which operates an asset management business specializing in hedge funds focused on digital assets, has completed the acquisition and integration of digital...

Elementa Reaches All-Time High on 10th Anniversary

Elementa, the long/short equity fund managed by Marcus Wahlberg, was named “Rookie of the Year” at the 2015 Nordic Hedge Award, recognizing it as...

Private Markets and Equity Exposure Top Priorities for Nordic Investors

Nuveen has published the results of its annual Global Institutional Investor Survey, revealing that 58 percent of the 40 surveyed Nordic investors plan to...

Anders Augusén Joins Brummer & Partners to Lead New Pod

Brummer & Partners is preparing to launch a new pod within its Brummer Multi-Strategy, focusing on a Scandinavian-oriented discretionary fixed-income relative value and macro...

Two Swedish Hedge Fund Teams Unite Under Meriti Capital

Two long-running hedge fund teams out of Sweden are joining forces under the umbrella of Meriti Capital. Led by former QQM executive Ola Björkmo...

A Golden Age Ahead for Fixed-Income Hedge Funds?

Fixed-income hedge funds have long been an important and resilient segment of the Nordic hedge fund space, particularly in the past two years, with...

Allocator Interviews

In-Depth: Megatrends

Voices

Request for Proposal

- Advertisement -