Didner & Gerge founder: "If the fund is not performing well, the manager is very exposed"
Fund provider Didner & Gerge has reshuffled the portfolio management of its largest equity fund after major losses last year. Co-founder Henrik Didner acknowledges the fund may have been too heavily invested in banks.
BY HELLA ANDERSEN
Generally, Didner & Gerge has done well as a fund manager over the years. But last year was different. The investment firm's largest fund, Didner & Gerge Aktiefond, backed by 16.3 percent. In an interview with Swedish media Realtid.se, the fund company's co-founder, Henrik Didner, reveals the fund may have had too high exposure to financials.
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