LAM is an active investment manager focused on absolute returns and following a growth-oriented investment approach. Their investment philosophy emphasizes active asset class allocation based on macro- and micro-economic analysis, and a preference for high-grade securities. The firm invests globally and focuses on G8 and Nordic countries, particularly Sweden. Their investment process combines top-down and bottom-up approaches, based on in-house fundamental research.The Ector fund, a Luxembourg-registered SICAV, is balanced and invested in Swedish equity and debt. The Camelot equity fund is invested in Swedish and international equities. The Merlin fund is a hedge fund following a long/short equity strategy and focused on European equity and equity-related derivatives. The Excalibur fund is a hedge fund invested globally in fixed income, primarily in Nordic countries.Portfolios result of a team-oriented construction process and can be concentrated. Positions are exited at a predetermined profit level or stop-loss limit.
HBF utilizes active and passive strategies in a structured investment process which begins with a business intelligence analysis, including macroeconomic analysis, sector analyses and specific company analysis. For equity management, every active position is based on fundamental analysis in their proprietary model for company evaluations.The firm collaborates internally within the Handelsbanken Asset Management organization through a specially developed meeting structure as well as an Intranet. Each fund has a Fund Manager who is responsible for the portfolio, ensuring that the decisions taken in each model portfolio group are also implemented in the fund portfolio. Specialized portfolio analysts ensure that the risk exposure in every portfolio is in line with the chosen strategy.HBF measures equity funds against a pre-determined public index. The goal of their passive strategies is to deliver market yields while their active equity management aims to deliver yields higher than the index over the long-term. A specific unit within the firm measures and analyzes the fund management returns.