- Advertisement -
- Advertisement -

Related

Svelland Capital Adds Quant Capabilities

Latest Report

- Advertisement -

Svelland Capital, a discretionary asset manager in commodities and shipping markets, has strengthened its quantitative capabilities with the appointment of Pål Sundsøy as Head of Data Science within the Research team. Sundsøy, formerly a Lead Portfolio Manager and Lead Researcher in quantitative equity strategies at Norges Bank Investment Management (NBIM) – which manages Norway’s sovereign wealth fund – will focus on enhancing portfolio construction and risk management to optimize investment performance.

“We are pleased to announce the addition of Pål Sundsøy to our Research team as Head of Data Science (non-risk taker). He will be a valuable asset to the team,” writes the team at Svelland Capital. Before joining Svelland Capital, Sundsøy was a Portfolio Manager at a family office, where he specialized in quantitative approaches to stock selection and portfolio construction. Prior to that, he served as Lead Portfolio Manager and Lead Researcher at Norges Bank Investment Management (NBIM), where he developed sophisticated investment strategies and advanced risk management frameworks for large-scale equity portfolios. Earlier in his career, he worked as a Senior Data Scientist in the Big Data and AI research team at Telenor Global Markets.

“We are pleased to announce the addition of Pål Sundsøy to our Research team as Head of Data Science (non-risk taker). He will be a valuable asset to the team.”

Since mid-2017, Svelland Capital has been managing a fundamental, discretionary-driven long/short strategy focused on the commodity complex. Svelland Global Trading Fund, led by Norwegian Tor A. Svelland and his teams based in Oslo and London, trades across three asset classes: commodity futures, freight futures, and equities, with a smaller allocation to other areas within the commodity space. The fund has been one of the best-performing and fastest-growing hedge funds in the Nordic region in recent years. Since its launch in August 2017, Svelland Global Trading Fund has delivered an annualized return of 20 percent. By late 2024, the fund surpassed $750 million in assets under management and is now approaching the $1 billion mark.

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

From Running Laps to Running Capital: Ex-Taiga Analyst at DNB

After nine years as an analyst at equity long/short hedge fund Taiga Fund, Øystein Kvaerner has joined DNB Asset Management to launch a new...

Nordic Hedge Funds Wrap Up Strong Third Quarter

Nordic hedge funds continued their strong run of performance since May, advancing an additional 1.7 percent on average in September – the industry’s second-best...

DNB’s Stable Alpha Goes DACH

DNB Asset Management has managed its in-house multi-manager, multi-strategy fund platform since early 2020. After a period of muted performance in its early years,...

Opportunities Lie Beneath Aggregate Credit Spreads

Credit spreads across the United States and Europe have tightened to historically low levels, leaving limited reward for simply holding long credit positions. This...

European Alternative Investments Conference 2025

More than 200 practitioners, academics and thought leaders met in Copenhagen for the second European Alternative Investments Conference, hosted by Finansforeningen, CFA Society Denmark...

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

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.