Finnish asset managers Fourton and JOM fund management will merge at the end of the year, confirms JOM Fund Management's CEO Juuso Mykkänen.
After the merger, which gained regulatory approval last week, Fourton's founder, the portfolio manager Mikael Wahlström, will continue managing the company's Fiesta and Tempo funds. Tempo is a global fund that invests in healthcare. Fiesta invests in companies listed on exchanges in Spain, Italy, Portugal and France. Wahlström will also stay on as the portfolio manager of Mandatum's Life Stamina fund, which Fourton manages.
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