Didner & Gerge, the Swedish boutique, has appointed Simon Peterson to co-manage its Aktiefond (Equity fund) together with Carl Bertilsson.
Peterson joins from L E Lundberg Kapitalförvaltning, where he worked as an analyst and portfolio manager. He will take up his new position 2 September, replacing Gustaf Setterblad.
Helena Hillström, chief executive of Didner & Gerge, said: "We are very pleased that Simon Peterson has chosen to come to us. His background and genuine interest in equities mean we are convinced that he will be able to contribute in an exemplary way to the fund's future development. Simon is a valuable addition to our management organsiation."
The Didner & Gerg Aktiefond is an actively managed strategy that mainly invests in large and mid-sized companies in Sweden. Assets under management in the fund at the end of June were about SEK38bn (€3.5bn).
The 10 biggest holdings in the portfolio at the end of July included Volvo (B shares), SKF (B), Danske Bank, Trelleborg (B), Atlas Copco (B), Nibe Industrier (B), AAK (B), Svenska Handelsbanken (A) and Lifco (B).