Catella has confirmed media reports that four fund managers from Catella Fondförvaltning have chosen to leave the company.
Erik Kjellgren, head of Catella’s Swedish fund management operations, says: “We regret that these individuals have chosen to leave Catella. Catella has the expertise and resources necessary to ensure the management of our funds in both the short term and long term. Over the past year we have recruited senior people with extensive experience in active management of both equity funds and hedge funds, in order to reduce dependence of the fund management on individuals.
“The Catella Hedgefond fund is managed by a team, and three experienced managers remain in place to ensure continuity. A new recruitment to the team has already been made, and we will make additional appointments in the near future.
“Catella has both the resources and the desire to attract the best individuals to continue to strengthen our fund management team in order to generate value for our clients, which is our principal focus both now and in the future.”
