- Advertisement -

Related

Borea Onboards Equity Managers Ahead of UCITS Fund Launches

- Advertisement -

Stockholm (HedgeNordic) – Borea Asset Management, a Norwegian boutique specializing in fixed income, has officially welcomed Jon Hille-Walle and Audhild Aabø, two newly recruited equity portfolio managers from Nordea. With their arrival, Borea is preparing the launch of two long-only UCITS funds, a Norwegian Equity Fund and a Nordic Equity Fund.

“We are pleased to welcome Audhild and Jon to Borea Asset Management. They both start as portfolio managers on the equity side at Borea,” announces the team at Bergen-based Borea. “With them on the team, we strengthen our expertise and look forward to being able to offer even more funds and investment opportunities to our customers in the future.” Both managers officially joined Borea at the beginning of October and are currently working on the launch of the two upcoming long-only equity funds.

“We are pleased to welcome Audhild and Jon to Borea Asset Management. They both start as portfolio managers on the equity side at Borea.”

The recruitment of these two portfolio managers follows the majority stake acquisition of Borea by Frendegruppen, a consortium of independent Norwegian banks. Their arrival aligns with Borea’s plans to expand its equity fund offerings, particularly for the retail and corporate clients of the banks in the consortium. “The reason Borea is making this move needs to be seen in the context that the savings bank alliance Frendegruppen has purchased 70 percent of Borea,” explains the newly-hired portfolio manager Jon Hille-Walle. “The banks in the alliance currently have a substantial asset base that to a large degree is managed by external entities today, and the ambition with our new funds is to capture a significant share of these funds,” he elaborates.

“The reason Borea is making this move needs to be seen in the context that the savings bank alliance Frendegruppen has purchased 70 percent of Borea.”

Both Hille-Walle and 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.

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

CABA Offers Another Roll Down the Curve

CABA Capital has launched the fourth iteration of its Flex strategy, a three-year closed-ended AAA-yield premium strategy designed to harvest roll-down and pull-to-par effects...

Even Steven for Nordic CTAs in Mediocre May

May was another month characterized by reversals and cross-asset volatility. Strong momentum in U.S. equities contrasted with directionless moves across other markets, creating a...

Rhenman Doubles Down on Smaller Healthcare Innovators with New Fund

Many of healthcare’s most transformative breakthroughs often originate not from established industry giants, but from smaller companies developing new technologies, therapies, and treatment approaches....

Always Opportunities Applies Traditional Credit to an Underserved Market

The origins of Always Opportunities can be traced back to a bond transaction involving mobility company Voi. What initially brought together founders, venture capital...

HSBC’s Three Decades of Building Hedge Fund Portfolios

Hedge fund investing has become increasingly institutionalized and resource-intensive, requiring access to specialized managers alongside deep due diligence, portfolio construction, risk management, and ongoing...

The Benefits of Multi-Manager Portfolios in CTA Investing

At first glance, CTA investing can appear deceptively homogeneous. Many managers trade the same liquid futures markets and rely on systematic, trendfollowing models that...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -