A new Swedish smallcap equity hedge fund is about to see the light of day, Nordic News reports.
Stockholm Asset Management, a Swedish hedge fund management company, has just acquired operating permission from the Swedish FSA to launch a hedge fund investing in smallcap equity.
Stockholm SmallCap will soon be in operations, with the aim to have a portfolio with a limited number of holdings. The strategy of the company is, over time, to launch a group of niche funds with limited AUM.