Although Scandinavia has nurtured a vital hedge fund
industry over the past decade, not all the talented managers
have chosen to base themselves in the region. Scandinavian
focused funds can be found throughout Europe in various
financial centres such as Geneva and Luxembourg. However, as
the worlds second-largest hedge fund centre, London is
the preferred location for many top-quality Scandinavian
In 2005, Frode Aschim, a Norwegian, and Ulf Brunnstrom, a
Swede, founded Range Capital in London. Scandinavia accounts
for most of the country exposure in the firms two funds,
while Swedish investors constitute an important component of
its clientele. Moreover, Aschim and Brunnstrom spent part of
their asset management careers working for Swedish firms.
Frode Ashim, Ulf Brunnstrom and Mary Sheehan, Range
Since the launch...