AMWatch

Catella CEO: "Snowball effect" behind recent large outflows from IPM

Catella's institutional systematic macro manager IPM took a real hit during the pandemic, the owner's CEO Christoffer Abramson tells AMWatch. Plummeting AUM meant the costs of managing the funds couldn’t be covered anymore.

Christoffer Abramson, CEO of Catella. | Photo: PR / Catella

Today, Swedish financial house and asset manager Catella revealed that it intends to shut down Informed Portfolio Management, a previously successful institutional systematic macro strategy manager that it owns.

The decision was made by the board on the same day, Catella CEO Christoffer Abramson told AMWatch.

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