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Catella Fonder revamps Nordic Long Short Equity fund following major losses

Catella Fonder's Head of Portfolio Management and acting CEO Thomas Elofsson believes in the company's Nordic Long Short Equity fund's ability to recover from the losses of 25 percent that it has suffered over the past 12 months.

Photo: PR / Catella.com

Sweden's Catella Fonder has made notable internal and structural reforms in managing its Nordic Long Short Equity fund since the fund recorded a negative return of -25.04 percent over the past twelve months ending September, says the company's Head of Portfolio Management and acting CEO Thomas Elofsson.

In an interview with AMWatch, Elofsson says he believes the actively managed alternative equities fund can now improve its performance in the future.

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