Launches & Closures

Nordic long/short fund launched


A Swedish-based asset manager has launched a long/short equity fund aimed at offering investors a gateway into the Nordic market.

The daily traded Luxembourg-domiciled Catella Nordic Long Short Equity has been launched by Stockholm-based asset manager Catella Fondförvaltning.

Stefhan Klang from Catella Fondförvaltning

The alternative equity fund aims to deliver a consistent, above-average total annual return combined with a superior risk-adjusted return.

Through variable market exposure, the fund focuses on achieving upside participation with a limited correlation to bear markets.
The investable universe primarily consists of equities listed on Nordic exchanges.

Stefhan Klang, managing director of Catella Fondförvaltning, says: “The Nordic market is characterised by attractive fundamentals and the investable universe is well diversified in terms