Coeli Asset Management, the Luxembourg based asset management business of Sweden’s Coeli, has announced the launch of a Global Select fund to be managed by Andreas Brock. The new fund will join a range of equity, fixed income, hedge fund and private equity vehicles. Brock, who joined Coeli AM from Capital Group in London, is […]
Coeli, the privately owned Swedish asset manager is gearing up for a significant change in its business focus to take advantage of the nascent European single-market opportunities flowing in particular from AIFMD, and is preparing a move to Luxembourg to grow its business, according to its Luxembourg-based managing director Johan Lindberg.
After a surprisingly strong 2012 for the funds industry in Sweden, foreign asset managers are looking for ways to further tap local demand, while domestic players are positioning for pan-European growth via exports.
Deutsche Bank has added Sweden’s Coeli Power Surge strategy to its dbSelect platform for accessing hedge fund strategies.
Coeli, the Swedish asset manager, has taken over management of the Plenum Power Surge hedge fund, meaning it can now offer a single manager hedge fund with a focus on the Nordic energy market.