Leading Nordic hedge fund launches Ucits III fund range

CityWire – Independent Swedish asset manager and alternatives specialist Catella Fondförvaltning has launched four Newcits offerings, which it says offers investors ‘a gateway into the Nordic market’.

The first fund is Catella Nordic Long Short Equity, described by Catella as ‘more alpha than beta under a Ucits III framework’. It will take long and short positions in Nordic equities and look to deliver outpeformance in all market conditions.

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