Pecunia - Pia Rudengren Joins

DI.se reports that Pia Rudengren has joined the L/S Equity Fund Pecunia. She will be joining a fund that has encountered some difficulties, with a double digit negative result (-10.4% as of end October). The founder of the Fund, Peter Edwall, will according to the same article, resign in the beginning of February next year, leaving the fund in the hands of Ragnild Wiborg. Given the management shift, the board has also decided to open up the fund for new investors, let us see if there is capacity left in the fund or if this is a move to enhance cashflows for the management.