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Macro hedge fund manager joins Swedish state fund

FN – Kerim Kaskal was announced as the Tredje AP-Fonden’s new investments chief earlier this month, and will take up the position on October 1. He was previously deputy chief investment officer at Nektar Asset Management, Brummer’s €3.5 billion macro and fixed-income unit.

It will be Kaskal’s second stint at the state pension fund – he was previously head of asset management there between 2005 and 2008. He was also at Brummer & Partners before that, working at Nektar between 1998 and 2004 – meaning he has spent the past 15 years alternating between the hedge fund and the pension fund.

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