Our portfolio managers

Leif Eriksrød

Head of Norwegian Equities and Senior Portfolio Manager (Norway)

Leif Eriksrød is a senior portfolio manager and heads the Norwegian equity team. He co-manages Alfred Berg Gambak, Alfred Berg Aktiv, Alfred Berg Norge, Alfred Berg Indeks, Alfred Berg Nordic Best Selection, Alfred Berg Kombi and Alfred Berg Optimal Allokering. Leif joined Alfred Berg in 2010.

Prior to joining Alfred Berg, Leif worked as portfolio manager at Delphi where he built a strong track record within Norwegian equities over the 12 years of his employment. Most recently he worked as investment manager with the Norwegian venture company Ventor AS and served as board member of the listed Swedish technology company Anoto Group.

Leif is Siviløkonom from BI Norwegian Business School in Oslo.

Lisbet Flugsrud

Senior Credit Analyst (Norway)

Lisbet Flugsrud works as senior credit analyst in the Nordic high yield team. She joined Alfred Berg in 2004.

Lisbet started in the branch in 1988. Prior to joining Alfred Berg after 5 years as portfolio manager in SpareBank1 Active Management, she was portfolio manager in Norwegian Skibshypothekbank as well as within Cooperative Insurance. She has also taken care of the treasury function in the Norwegian Government Funding Agency.

Lisbet holds an MBA from Schiller International University of London and Copenhagen Business School, in addition to being Authorized NFF Fixed Income Analyst.

Dan Fredrikson

Senior Portfolio Manager (Sweden)

Dan Fredrikson is senior portfolio manager and lead portfolio manager for Russian equities, in particular of the Swedish domiciled fund Alfred Berg Ryssland. In 2002 Dan joined Alfred Berg as result of the Alfred Berg partnership with Länsförsäkringar (LF).

Dan started his career in 1989 at Nordiska Fondkommission AB as stock broker. He then moved to NeoNet Securities AB before he joined LF in 2001 as head of trading for Swedish equities and portfolio manager.

Dan holds a master’s degree in economics and business administration from Stockholm University.

Maria Granlund

Portfolio Manager (Norway)

Maria Granlund is the lead portfolio manager of the Alfred Berg Income fund since 2014. She joined Alfred Berg in 2013 and besides portfolio management duties she is also responsible for credit analysis within Nordic high yield investments.

Since starting her career in asset management in 1998, Maria has been working with credit analysis focusing on Nordic and global high yield, in the beginning at Nordea Markets in Stockholm and Oslo. Before joining Alfred Berg, Maria worked as a credit analyst at ABG Sundal Collier in Oslo.

Maria holds an MBA from Umeå University and is also Interest Rate Analyst authorized by Norske Finansanalytikeres Forening (NFF).

Torolv Herstad

Portfolio Manager (Norway)

Torolv Herstad is portfolio manager in the Norwegian fixed income team. He co-manages the following funds: Alfred Berg Pengemarked, Alfred Berg Likviditet, Alfred Berg Obligasjon, Alfred Berg Obligasjon 1-3, Alfred Berg Obligasjon 3-5, Alfred Berg Kort Obligasjon, Alfred Berg Kort Stat and Alfred Berg OMF Kort. Torolv started as investment specialist for Alfred Berg Norway in 2012.

Torolv has investment experience since 2010 from both equity and fixed income markets, through positions in both Nordea Investment Funds and Oslo Stock Exchange. His previous work experience also includes equity sales and consultancy.

Torolv holds a master’s degree in economics and finance from the Norwegian School of Economics (NHH)/University of Western Sydney in addition to being Authorized NFF Fixed Income Analyst.

Henrik Emil Høyerholt

Senior Credit Analyst (Norway)

Henrik Emil Høyerholt joined Alfred Berg in August 2016 as a Senior Credit Analyst. Høyerholt holds a Master of Science Financial Economics (MScFE) degree from the Norwegian Business School (BI), as well as being a certified Financial Analyst from the Norwegian School of Economics (NHH). Høyerholt has experience from the financial markets since 1998, whereof he has dedicated his work to the bond market since 2002. Høyerholt has previously worked for Norges Bank Investment Management (NBIM) in London as Head of Credit Research, in addition to other asset managers and brokerage houses in Norway.

Stefan Larsson

Head of Swedish Fixed Income (Sweden)

Stefan Larsson is Head of Swedish Fixed Income and has overall responsibility for performance of all institutional mandates within Swedish Fixed Income. He is responsible for portfolios with long duration risk and the lead portfolio manager of Alfred Berg Företagsobligationsfond Hållbar and Alfred Berg Obligationsfond Plus Hållbar. He is also co-manager of Alfred Berg Ränteallokering Plus.

Stefan has investment experience.since 1995 when he started his career at Folksam as a quantitative analyst focusing on strategic portfolios. Between 1997 and 2005 Stefan worked at AFA Försäkring, first as a strategist / analyst before he in 1999 become a portfolio manager within fixed income / currencies. Stefan joined Alfred Berg in March 2015. Previously he worked at Första AP-fonden (AP1) where he since 2005 worked as portfolio manager / analyst  within the team for fixed income / currencies. His main responsibilities was to contribute to the overall position analysis within the portfolio of fixed income and currencies with a focus to credit risk.

Stefan has a Master of Science, Engineering Physics, from KTH Royal Institute of Technology in Stockholm in applied mathematics.

Morten Steinsland

Head of Norwegian Fixed Income and Senior Portfolio Manager (Norway)

Morten Steinsland was appointed as head of the Norwegian fixed income team and senior portfolio manager in 2010. He co-manages several funds: Alfred Berg Pengemarked, Alfred Berg Likviditet, Alfred Berg Obligasjon, Alfred Berg Obligasjon 1-3, Alfred Berg Obligasjon 3-5, Alfred Berg Kort Obligasjon, Alfred Berg Kort Stat and Alfred Berg OMF Kort.

Having started his career in 1985, Morten has, for example, been vice president and head of U.S. fixed income investments in DNB Asset Management in New York for 5 years. He has also worked as head of global fixed income investments for DNB Asset Management in Oslo for several years. Morten’s earlier experience includes also 5 years as head of Norwegian money market and swap trading at Nordea Markets in Oslo.

Morten holds a master’s degree from the Norwegian School of Economics (NHH).

Petter Tusvik


Senior Portfolio Manager (Norway)


Petter Tusvik is a senior portfolio manager in the Alfred Berg Norwegian equities team. He co-manages Alfred Berg Gambak, Alfred Berg Aktiv, Alfred Berg Norge, Alfred Berg Indeks, Alfred Berg Nordic Best Selection, Alfred Berg Kombi and Alfred Berg Optimal Allokering. He joined Alfred Berg in 2000.


Before joining Alfred Berg, Petter was fixed income portfolio manager at Oslo Fond Forvaltning. He started his career in 1994 and has also worked as fixed income portfolio manager at DNB.


Petter graduated from the Oslo Economic College and has received further training at the Oslo Bank Academy.

Mats Wandrell

Head of Emerging Europe Team and Senior Portfolio Manager (Sweden)

Mats Wandrell is head of the emerging Europe team and the lead portfolio manager for emerging Europe equities, in particular of the Luxembourg domiciled Parvest Equity Europe Emerging fund. He joined Alfred Berg in 2015.

Mats has started his career in 1995 as European equity analyst at Nordea Investment Management. Later on he became fund manager for Nordea Eastern European Fund. In 2002 he joined Swedbank Robur to become co-responsible for all Eastern European equity funds. In 2007 Mats co-founded and worked as CIO for EME Partners, a long/short equity manager specializing in emerging Europe including Russia and Turkey. In 2013 he became portfolio manager at Ålandsbanken with focus on emerging markets.

Mats holds a bachelor’s degree in economics from Stockholm University.