Legal & Set-up

Legal & Set-up

Nordkinn Asset Management AB (556895-3375) is an registered AIF-manager in Sweden. Nordkinn Fixed Income Macro Master Fund and the company stands under supervision by the Swedish Financial Services Authority. Nordkinn Asset Management is authorised as AIF (Alternative Investment Fund) Managers by the Swedish Financial Services Authority under the Alternative Investment Fund Managers Directive.

Nordkinn Asset Management AB owns 100% of its Nordkinn Asset Management Oslo Branch (999 136 354).

Set-up

In its capacity as an onshore asset manager, Nordkinn and its fund operated under the rules and regulations set forth for all Swedish registered AIF-special funds. Swedish AIF fund law (Sw. Lagen om Alternativa Investeringsfonder – LAIF) seeks to protect investor interests by imposing a variety of requirements that ensure independence between key functions within the AIF manager and vis-à-vis its investors. Further, these requirements foster transparency to enable the FSA to monitor adherence of such. Therefore, we have in addition to internal functions and procedures ensured independency of critical functions by outsourcing to the following external third parties:

  • External back office in order to ensure independent NAV calculations
  • External risk management function for continuous independent control of all risk limits (in addition to internal function)
  • External compliance function for independent control of all operational and business routines (in addition to internal function)
  • External custody and prime brokerage
  • External audit function, both with respect to external as well as internal audit

Further, we have designed our systems to ensure transparency both within the company as well as towards the external counterparties listed above. System features includes a straight-through-processing portfolio management system and a proprietary game plan/tagging system.