Asset manager BLS Capital near Copenhagen, which manages a host of mutual funds, is about to have a new CEO.

The firm, which has delivered solid returns for many years by now, was founded and is owned by Peter Bundgaard and Anders Lund. From the time when it was founded and leading up to last spring, Bundgaard functioned as the CEO, whereas as Anders Lund acted as vice-chair of the board, but on April 15 they switched roles.