Cicero Fonder has entered into an agreement with Holtback & Partners Kapitalfrvaltning to take over the mangement of AMplus and Elbrus.
New managers responsible for the two funds are Ciceros Mikael Sandstrm, Christer Sterndahlen, and Bengt Holmstrm.
AMplus and Elbrus will change names to Cicero AMplus and Cicero Elbrus respectively.
“We look forward to assume responsibility of AMplus and Elbrus, which will supply us with an increased range of products in the product group specialfonder,” says Holmstrm.
“We are satisfied with Cicero as new manager of our specialfonder. Ciceros funds have a good reputation in the market and have yielded good returns to the shareholders for a number of years,” adds Magnus Oscarsson, managing director, Holtback & Partners Kapitalfrvaltning.