The aim of the fund is to generate an average annual return of at least 12%, which places high demands on the knowledge and experience of the Investment Team.
OUR INVESTMENT TEAM MEMBERS HAVE LONG EXPERIENCE…
Henrik Rhenman and Susanna Urdmark are responsible for the portfolio management. Henrik is a biochemist by training and has over 30 years of asset management experience within the healthcare sector, based both in Sweden and the US. The tremendous success of the fund depends largely on his skills and the unique approach he has developed. Susanna Urdmark has a B.Sc., with over 20 years of experience in the sector.
…AND A UNIQUE WAY OF WORKING
A major contributing factor to the fund’s outstanding success is the collaboration between the Investment Taam and our Scientific Advisory Board. Professor Sten Nilsson is the Board’s chairman, and its members are well-established, practising medical experts with an extensive network of researchers and specialists worldwide. Access to the members’ medical expertise gives the Investment Team unique insights and understanding of such areas as clinical trials, new drugs, new technologies and methods of treatments, and thus provides an invaluable basis for their investment decisions.
This highly successful approach was first established by Henrik Rhenman during the late 90’s when he started a global healthcare fund for his employer. During his ten-year tenure as Chief Investment Officer between 1998 and 2008, the fund increased in value by 799% (in USD). It thus became the world’s best pharmaceutical fund (according to Bloomberg’s database). During the same period a global index rose by only 40%.
Over 20 years of experience in portfolio management
1999–2008 Founder & CIO, Carnegie Healthcare Funds, Carnegie Investment Bank
1997–1999 Managing Director, Portfolio Manager, SG Cowen, Boston
1991–1997 Portfolio Manager, SEB Pharmaceutical Fund
1988–1991 Chief Analyst, Hagströmer & Qviberg
1978–1988 Pharmacia, Alfa-Laval
Education: Biochemist, Royal Institute of Technology, B.Sc. Stockholm School of Economics
PORTFOLIO MANAGER (RHE L/S)
Employed at Rhenman & Partners since: 2017
Over 20 years of experience in the sector
2007–2017 CFO, Bluefish Pharmaceuticals
2005–2007 Portfolio Manager, Handelsbanken Asset Management
2001-2005 Sector Analyst, Handelsbanken Capital Markets
1996-1998 Sector Analyst, Carnegie
Education: B.Sc. Stockholm School of Economics