Our business concept is to be a Swedish, independent, analysis-driven fund management company with a few funds, focusing primarily on the Nordic region. We offer a number of funds-of-funds for countries outside the Nordic region, where we invest in the best funds on the market. There are currently 16 people working for Cicero Fonder, and we are managing SEK 8 billion in our funds.

Active management

Our close-knit team offers analysis-driven active management, where short decision paths allow fast investment decisions to be made when so demanded by market development. The range of funds on offer is supplemented with cost-effective index funds on selected growth markets.

Risk awareness

Our investment philosophy is characterised by prudent risktaking with emphasis on preservation of capital and long-term good growth.


Cicero Fonder has been a privately owned and independent Swedish fund manager since 2000.
We view ourselves as a customer-oriented challenger on the Swedish fund market.


Our management team comprises 6 people with industry experience totalling more than 100 years.

Sustainable investments

We are absolutely certain that companies run with a view to long-term sustainability are the companies that will benefit our unit holders in the form of good returns over time.
All Cicero funds avoid investments in companies which breach accepted UN conventions and international standards. A number of funds also have SRI criteria in respect of certain industries.

Organisational schema

  • Board of Directors

    • Internal auditor

    • External auditor

    • Compliance

    • CEO

    • Risk

    • Management

    • Administration

    • Marketing and Sales


Håkan Källåker
Christer Sterndahlen
Board member
Fredrik Sanell
Board member


Bengt Holmström
Asset Manager, Head of Marketing
Christer Speiner
Head of Back Office
Jennie Edqvist
Finance officer
Henrik Svedberg
Head of Sales
Christer Sterndahlen
CEO, Head of Asset Management
Anders Alvin
Risk officer
Anders Malmborg
Institutional sales
Peter Magnusson
Deputy Head of Asset Management
Robert Sandberg Gladh
Carl Odelstierna
Asset Manager, Analyst
Oscar Sterndahlen
Asset Manager, Analyst
Christina Sturk
Back office
Carl Johan Lagercrantz

Our internal auditor Moneo AB


Our compliance agency is Björn Wendleby, Magnusson Advokatbyrå


Our Authorised Public Accountant is Deloitte AB, Jan Palmqvist


Our Risk Manager is Anders Alvin