ETF head new boss of Handelsbanken Fonder
Handelsbanken Fonder’s board has appointed Carl Cederschiöld as its new chief executive, starting on 1 January.
Cederschiöld currently is chief executive of Xact Kapitalförvaltning, the Handelsbanken subsidiary that offers exchange traded products.
Xact claims the first Scandinavian ETF launch in 2000, when the Xact OMXS30 listed on the Nasdaq OMX Stockholm. The Xact Bull and Bear ETFs claimed a world’s first in offering leveraged product when lanched in 2005. Its ETFs registered in Luxembourg are managed by SHB Sicav. It also has ETFs registered in Norway, which are managed by Handelsbanken Kapitalforvaltning AS and listed on the Oslo stock exchange.