Friday, October 11, 2024

"Ex-CIO for Dyson’s Family Office Joins Quant Stockpicker"

The competition is fierce. And scary-smart.

From Bloomberg, October 8:

  • Bjorn Thelander is now part-time chairman of Neox Capital
  • He was formerly top money manager for James Dyson’s Weybourne

The former head of financial investments at James Dyson’s family office has joined a quantitative stockpicker in his first operational role since stepping down as the UK billionaire’s money manager.

Bjorn Thelander started this month as chairman of Neox Capital, a provider of equity portfolios using systematic screening for wealthy individuals, families and institutions, the Swedish native said in a statement. He also acquired a stake in the Malta-based company in taking on the part-time role, according to the statement, which didn’t disclose financial terms. 

“I have long admired Neox’s data-driven model,” Thelander said.

Thelander, 59, who lives in Switzerland, was until recently one of London’s most prominent money managers for the ultra-wealthy as chief investment officer for the financial assets of Dyson’s family office, Weybourne, whose holdings include hedge funds, venture capital and real estate.

After almost six years in the position, he retired from the full-time role this year and was replaced by Weybourne’s former deputy CIO, 54-year-old Jane Simpson.

Dyson, 77, is the UK’s richest person with a net worth of about $21 billion, according to the Bloomberg Billionaires Index, largely through his namesake maker of vacuum cleaners and hairdryers.

Quant Systems
Neox was founded a decade ago by finance veteran Peter Sjoeholm and screens more than 5,000 publicly traded companies to build equity portfolios, according to its website, which doesn’t disclose assets under management....

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