Tanglin, the long-running Stockholm-based macro fund, has
been through a steep roller-coaster ride over the past
Launched in July 2000 with $50 million by a highly experienced
team of six managers drawn from Stora Finance and SEB, the
Nordic-oriented fund invests in equities, fixed-income and
Having attained the status of a star macro player during the
first half of the decade, its reputation began to slip away as
performance declined and redemptions grew during 2005 to
However, following a major revamping of the management team,
the fund has staged a comeback and the firm is now actively
marketing its strategy to a wider international clientele.
"In our previous careers at Stora and SEB, we focused on
managing risk. So you could describe us as risk managers rather
than investment managers," explains Ante Nilsson, chief
executive officer and one of the founders of Tanglin.