AMWatch

Hedge fund boss ignites Swedish race debate with bias complaint

Swedish social media lit up last month when a well known black hedge-fund manager vented about discrimination, questioning the country’s prized egalitarian credentials.

Sean George, 48, who grew up in the Caribbean before moving to Sweden at the age of 12, broke a two-year long silence on why he was forced to go solo with his fund in Stockholm in 2018. After decades of working overseas at firms like UBS Group AG, Bank of America Corp. and Deutsche Bank AG, he said he failed to get as much as an interview when he moved back to Stockholm.

"I never felt creed, color, social background were issues when working in the U.S. or the U.K," George said in an interview, after his post prompted debate on diversity in the country. "Here, it certainly seems to be in the air."

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