Atle's CEO: "The best returns are generated by smaller, independent, specialized management teams."
In an interview with Placera, Atle’s CEO discusses the future plans and the road ahead.
Atle’s business concept is to bring together specialized fund companies and asset managers under one umbrella, offering them economies of scale, business development, and distribution.
"The best returns are created by smaller, independent, specialized management teams. If we can find these talented managers, we can provide them with the scale advantages that they’d otherwise miss out on simply because of their size," says Atle’s CEO, Gustav Ohlsson.
Today, Atle boasts seven management teams with a total of 30 different strategies: Alcur Fonder, Amaron, First Fondene, Fondita, Healthinvest Partners, Humle Fonder, and TIN Fonder. The plan is to add more teams, either through recruitment or acquisitions.
"You can either buy smaller fund companies or build teams from scratch. We’ll see how we proceed in the future. There aren’t many fund companies to acquire in the Nordics. Perhaps there will be a couple of acquisitions that interest us within 3-5 years," explains Gustav.
With a new venture in the form of its own fund company, Atle Fund Management, and the recruitment of Gunnar Wiljander as CEO, Atle is ready to take the next step toward its growth objectives.
The plan is to grow from 50 to 100 billion SEK in assets under management within a few years.
Read the full article on Placera (in Swedish).