Key Takeaways
- • Andreas Steno Larsen, a former Nordea strategist, is launching a hedge fund with Asgard Asset Management, where he will serve as Chief Investment Officer, according to AMWatch.
- • Larsen describes establishing the fund as "the culmination of everything I've strived for," per the AMWatch report by Philip Madsen published 16 October 2024.
- • The article is a subscriber-only piece, so the full details on fund strategy, size, and target investors are not available in the primary source.
- • Larsen previously worked at Nordea as an analyst linked to a controversial Covid-19 analysis, a background AMWatch cross-references in related coverage.
Summary
AMWatch reported on 16 October 2024 that Andreas Steno Larsen, a former strategist at Nordea, is launching a hedge fund in partnership with Asgard Asset Management, the Danish asset manager. Larsen will serve as Chief Investment Officer of the new vehicle. In comments cited by the publication, he called establishing the fund "the culmination of everything I've strived for."
The article was published behind a subscription paywall, so the full text covering the fund's strategy, assets under management, investment approach, and launch timing could not be confirmed from the primary source. Readers seeking those specifics should refer to the complete AMWatch report.
AMWatch's related coverage references Larsen's prior role as a Nordea analyst connected to a Covid-19 analysis that drew considerable controversy, and notes that analysts behind that work subsequently left Nordea. The same related-articles list also references Asgard Asset Management hiring a new chief executive following a historic drawdown, a separate development that is not described in the primary article and should not be read as part of the hedge fund launch itself.
For institutional allocators, the item signals continued movement of experienced Nordic investment professionals into new alternative-investment vehicles, with Asgard providing the platform for the launch.
The article was published behind a subscription paywall, so the full text covering the fund's strategy, assets under management, investment approach, and launch timing could not be confirmed from the primary source. Readers seeking those specifics should refer to the complete AMWatch report.
AMWatch's related coverage references Larsen's prior role as a Nordea analyst connected to a Covid-19 analysis that drew considerable controversy, and notes that analysts behind that work subsequently left Nordea. The same related-articles list also references Asgard Asset Management hiring a new chief executive following a historic drawdown, a separate development that is not described in the primary article and should not be read as part of the hedge fund launch itself.
For institutional allocators, the item signals continued movement of experienced Nordic investment professionals into new alternative-investment vehicles, with Asgard providing the platform for the launch.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.