Hagströmer & Qviberg

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Hagströmer & Qviberg AB is a Swedish finance and banking corporation founded by Sven Hagströmer and Mats Qviberg.

History

Sven Hagströmer started a finance company in 1981, which became Hagströmer & Qviberg in 1990 when Mats Qviberg joined the company as a partner to Hagströmer.

Organisation

H&Q maintains division handling private banking for wealthy individuals, investment banking and mutual funds. Under 2006 it has started to market itself as HQ Bank, symbolising a shift towards banking away from its traditional finance-oriented operation. Its Russian based mutual fund is one of the best performing on the Swedish market.

Management and Ownership

Patrik Enblad is the Chief Executive Officer of the company and Mats Qviberg is Chairman of the Board of Directors.

Investment AB Öresund, controlled by Qviberg and Sven Hagströmer, is the largest individual shareholder with close to 24 % of the shares. Mats Qviberg owns 5 % and Hagströmer owns roughly 2 %. The company is effectively controlled by them.

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