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Market neutral fund with niche strategy seeks new capital: "We continue to see potential investments and need to be flexible"

Formue Nord's flagship fund is ready to onboard new capital, but only for a short while and with a limit, so as not to be rushed into investments. This decision comes after three years of generating double-digit annual returns on average while having a negative correlation to global equities.

The Formue Nord Team (from left-right): Mikkel Hagel, Chris Albertsen, Thøger Dam Johansen and Rasmus Viggers | Photo: PR / Formuenord

Formue Nord is ready for new inflow into its flagship fund Markedsneutral (Market neutral, edit.) at the beginning of 2020.

The fund's AUM currently total DKK 350m (EUR 47m) and the team seeks to add DKK 100m (EUR 13.5m), Rasmus Viggers, the Danish asset manager's chief investment officer, tells AMWatch.

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