informed portfolio management a swedish hedge fund that had relied on statistical models to devise its strategies is set to shut its doors and return investor capital after losing roughly 4 billion during the pandemic ipm whose main owner is stockholmbased investment firm catella ab had assets under management of close to 5 billion in late 2019 before the pandemic hit a year later that amount had more than halved to 2 billion with the investor exodus since then depleting assets to about 750 million