Coeli liquidates hedge fund after major shareholder redeems

The Swedish asset manager has decided to liquidate a multi-asset hedge fund as a major shareholder intends to redeem all of its shares.
Coeli is shutting down its multi-asset fund. | Photo: Finn Frandsen
Coeli is shutting down its multi-asset fund. | Photo: Finn Frandsen

Swedish asset manager Coeli is liquidating its global multi-asset hedge fund. The fund’s strategy was invested roughly 80 percent systematic long/short equity positions while the last 20 percent was global macro strategies within equities, fixed income, credit, and currencies.

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