- Advertisement -
- Advertisement -

Related

Catella Hedgefond revises fee structure

Latest Report

This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

Stockholm (HedgeNordic) – Catella has decided to revise the fee structure for its flagship hedge fund “Catella Hedgefond“, a press release states.

Having previously applied an annual reset of its high water mark, Catella has now chosen to implement a perpetual high water mark. The revised fee structure is a response to “changing market demands” according to Catella.

Catella highlights that the current fee structure was by no means unique when the fund started in 2004 and that the fund rules that regulate the fees charged were approved by the Swedish Financial Supervisory Authority.

Erik Kjellgren (pictured), Catella’s head of Swedish fund management operations, however recognises that the market practice has moved towards perpetual high water marks and see no reason to stick to the previous model:

“However, since market practice has since then gradually moved towards the use of a perpetual high water mark, we find no reason to retain this principle. It is important to emphasise that the model we have applied until now has been clearly communicated, is fully in line with current regulations and entirely in accordance with the fund rules approved by the Financial Supervisory Authority.”

The revision must be similarly approved by the Financial Supervisory Authority, and can then be applied immediately, the press release states.

“We believe in our fund management model and we naturally care about full transparency, including in our fee structure,” Erik Kjellgren concludes.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.

Latest Articles

Three Years In, Norselab’s Flagship Fund Reaches More Radars

After years of co-managing Alfred Berg’s high-performing high yield fund, Tom Hestnes has spent the past three years proving his strategy in an alternative...

Rhenman Rebounds as Regulatory Fog Lifts in Healthcare

2025 has been a year of two halves for the global healthcare sector and for the long-biased, healthcare-focused Rhenman Healthcare Equity L/S fund. With...

Nordic CTAs Slip as Trends Take a Breather

The CTA sub-index of the Nordic Hedge Index finished November in negative territory, largely due to losses in equities as tech-sector jitters and doubts...

RFP: UK Investor Targets Liquid Alternatives Strategy

A large institutional investor from the UK is considering an initial allocation of $20 million to a liquid alternatives strategy, with the potential to...

AP3’s Tactical Layer: A New Dimension of Diversification

Diversification is often discussed in terms of broad asset allocation. For Jonas Thulin, the CIO of the Third Swedish National Pension Fund (AP3), diversification...

Diversifying with Gold and Silver: Why Miners Amplify Opportunity

In the institutional investor’s world, diversification is not a slogan but an ongoing pursuit. While new strategies may come and go, some diversifiers have...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

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.