Macro player Tanglin back on the front foot

Fri Nov 26, 2010


The Stockholm-based and Nordic-oriented macro manager has had its ups and downs throughout its 10-year history. But the firm is on an upswing again and the long-term performance track record is strong


Tanglin, the long-running Stockholm-based macro fund, has been through a steep roller-coaster ride over the past decade.


Ante Nilsson


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 currency markets.

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 2008.

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.

"We...

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