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Nils Svensson graduated from Linnaeus University mid 2014 with excellent grades particularly in finance. His ability was already known by the finance community and short
Nils Svensson graduated from Linnaeus University mid 2014 with excellent grades particularly in finance. | |||||||||
His ability was already known by the finance community and short after his ground-breaking | |||||||||
thesis was published that covered volatility in British bond market offers came to him. | |||||||||
Barclays Bank gave him an offer he could not refuse and in September 2014 he moved to London | |||||||||
and took up a position as trading analyst at the banks intelligence unit. Nils became known as the | |||||||||
"innovative Swede" due to his phenomenal ability to apply theoretical models combined with a rare | |||||||||
sort of intuition. Early 2016 he was promoted to head of the unit and in 2018 WP financial services. | |||||||||
The renumeration package was very generous and financially he was set not least due to his own | |||||||||
investments in renewable energy. | |||||||||
It was then a chock in the finance community when he had announced that he was leaving. Nils | |||||||||
had grown up in a small village outside Alstermo and even if he loved everything that was British | |||||||||
he hated everything about living in a major city like London. | |||||||||
He was carefully approached by major head hunters who left disappointed as Nils was looking for | |||||||||
a CFO position at a company on the country side. | |||||||||
Early in November 2020 he got a call from Brandon Stone who was head of the branch of Barclays | |||||||||
in Watford. The bank had a customer that was in need of a "structured brain". Within a week a meeting | |||||||||
was set with John Stevenson also called "Blurry Joe". John is known for his excellence in engineering | |||||||||
but also for being somewhat disorganised. He and his wife, Annie, had built up a company, Ashridge Metal, | |||||||||
that produce and sell asymmetrical pumps that are used by chemical plants as well in nucellar installations. | |||||||||
In total the company employs 400 employees and is listed on the stock exchange in London. | |||||||||
The reputation of the company is very good when it comes to quality and deliveries. However from | |||||||||
the finance markets point of view the company was often named "Whimsy Dimsy Dime" as no one | |||||||||
knew what to expect. Looking at a graphical presentation of their profits over the last 10 years it looked | |||||||||
like a very dangerous roller coaster! | |||||||||
Johns view was that he and Annie was running the company on "guts feel" and that had served them | |||||||||
well. On the other hand the couple was aware of the risk being delisted from the stock market | |||||||||
due to erratic performance and lack of transparent information. | |||||||||
On top of everything the board was not happy especially not, Elenore Grant, who had been appointed | |||||||||
chairman mid 2020. | |||||||||
Nils was hesitant to take a position at the firm but driving back to London he passed Ashridge and | |||||||||
just stopped the car and left for a walk. Not knowing that here is one of the best places to study | |||||||||
business at Hult International Business School. Your teacher has attended classes there.. | |||||||||
Now this in combination with the outstanding beauty of Hertfordshire he felt a passion coming | |||||||||
back to him - country side. A realtor just put a sign down- for sale. Nils started his car an called | |||||||||
upon the realtor and within a hour he was the owner of a property close to Ashridge House and | |||||||||
neighbour to Ashridge Golf Course. | |||||||||
He called John and Elenore and accepted the position. He was in for a ride! |
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