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Catella shuts systematic macro manager after AUM nosedives

Unfavorable market conditions and large subsequent outflows lead to Catella opting to close its "leading macro manager" and return money to investors.
Christoffer Abramson, Catella | Photo: PR / Catella
Christoffer Abramson, Catella | Photo: PR / Catella
by MIRZA GAZIC

Swedish investment firm Catella is closing down its part-owned subsidiary Informed Portfolio Management (IPM) and in doing so, take a SEK 100m hit. The decision was taken with the board of IPM.

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