Nove Capital Management Ab (Stockholm)


Nove Capital Management Ab is a large advisory firm based in Stockholm. It manages $71.8 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005.

Nove Capital Management Ab provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nove Capital Management Ab: assets under management

The assets under management (AUM) of Nove Capital Management Ab is $71.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $71.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $71.8 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nove Capital Management Ab for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Nove Capital Management Ab

Peter Erik Daniel Ekelund has been acting as President since 1 May 2005. Johan Heijbel joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Peter Erik Daniel Ekelund Director 1 May 2005 Other 5077264
Johan Heijbel Director 1 May 2005 Other 5077262
Theodor Dalenson Director 1 May 2005 75% - 100% 5077266

Based in Stockholm

The principal office where Nove Capital Management Ab performs its advisory services is located at Norrlandsgatan 16, Stockholm, Se 111 43, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 46 0 8 545 017 50 or by fax 46 0 8 545 017 60. The normal business hours are 8:30 am - 5:30 p.m (stockholm time) on Monday - Friday. You can find more information about the New York firm at www.novecap.com.