Page 19 - Mellby Gård Yearbook 2018–2019

During the year, there was concerns regarding trade wars between the US and China, and between the US and Mexico. Nor were there any clear messages on Brexit. Despite the hesitant sentiment in the fixed income market, Thomas Pohjanen is optimistic regarding the longer term. It is in the interests of the US and China to resolve the trade conflict, and doing so would give traction to global economic growth. A solution to the conflict is reasonably also necessary for a strong US economy entering 2020 with the upcoming presidential election.
“It remains to be seen how this will develop. Things can improve very fast when customers gain interest in our type of asset management. We anticipate having assets under management of at least SEK 1 billion in Trude and SEK 5 billion in Excalibur”, says Thomas Pohjanen.
MD Thomas Pohjanen
MD Anders Nordborg
” Thanks to our highly experienced management team, we can offer management that not even the major banks can provide.
FACTS
Excalibur Asset Management and Trude Asset Management are parallel fund companies owned by Mellby Gård through voting majorities. Excalibur and Trude are managed in accordance with the EU’s Alternative Investment Fund Managers Directive, AIFMD. Excalibur’s asset management began in 2001 and focuses primarily on institutional fixed interest markets in Europe and the G7 area. Trude was launched in 2015 and is a credit hedge fund with global management based on advanced quantitative models.
Excalibur has been part of Mellby Gård since 2008
and Trude since 2015.
Mellby Gård’s representatives on the Board of Directors: Rune Andersson (Chairman) and Johan Andersson.
Headquarters: ..................................................... Stockholm Sales Excalibur 2018/2019: ............................ SEK 19 million Sales Trude 2018/2019: .................................. SEK 4.1 million Number of employees: ....................................................... 8 Chairman: ....................................................Rune Andersson
SIGNIFICANT EVENTS 2018/2019
» The US Central Bank, the Federal Reserve, normalized interest rates.
» The Riksbank initiated a normalization of interest rates with a rate hike in December 2018. Since then, however, the Riksbank has flagged that further increases will be delayed.
» The ECB held off on normalizing its monetary policy.
» The trade war between the US and China hampered
development in the stock markets.
» The UK Parliament voted to not, under any circumstances, implement a hard Brexit. Considerable uncertainty remains however.
MELLBY GÅRD – YEARBOOK 2018 / 2019
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