Jul 2025 – Present · 10 mos · London Area, United Kingdom · Remote

• Working on creating AI-backed OS for the Capital Markets / Asset Management Industry

Oct 2024 – Sep 2025 · 11 mos · Copenhagen, Capital Region of Denmark, Denmark · On-site

• CIO of the Asgard-Steno Global Macro Fund

Jan 2023 – Present · 3 yrs 4 mos

• Legislation requires it. Stakeholders expect it. And your business deserves it. Whether it’s the annual report, your bottom line, business partners, or others who need data about your CO2 emissions, comundo has you covered.
• For more -> https://www.comundo.io/en/product/

Nov 2022 – Oct 2023 · 11 mos · Remote

• “Milliardærklubben” is the only truly independent podcast on markets and geopolitics in Denmark
• How do you take ownership of your own financial future instead of leaving it to the banks?

Oct 2022 – Present · 3 yrs 7 mos · Copenhagen, Capital Region of Denmark, Denmark

• Macro strategy and (geo)politics. Steno Research is a 100% independent research- and media boutique. https://stenoresearch.com/

Jun 2022 – Present · 3 yrs 11 mos

• At Real Vision, Andreas Steno Larsen is Chief Macro and Equity Analyst, Host and Editor. He runs the Pro Portfolio focused on equity cases with asymmetric return profiles alongside select cross asset macro opportunities, and he also runs an institutional grade cross asset macro strategy. He hosts and interviews some of the best PMs, strategists and thinkers worldwide, including Michael Howell, Ben Melkman and Michael Cembalest, and helps curate the community’s ongoing flow of alpha ideas into clear, actionable takeaways.

Apr 2022 – Present · 4 yrs 1 mo

• We filter out the noise to pinpoint the most significant price movements as they happen.
• https://www.marketreader.com/

Mar 2022 – Present · 4 yrs 2 mos

• www.scaleup.finance
• If you, like many other founders I speak to, are struggling to manage your overall finances, bookkeeping, metrics and deliver high-quality reporting to stakeholders and feel like you could spend your time more effectively on product, strategy or sales, take a look at Scaleup Finance.
• You will be given a CFO-partner and access to Scaleup Finance's "Financial Management Platform" which will help you deliver strategic impact in the boardroom, with investors and get a better overview of your business.

Mar 2022 – Jun 2023 · 1 yr 3 mos

• Hosting "The Macro Trading Floor" with Alfonso Peccatiello
• Every week a new guest is invited to talk about his or hers best macro trade idea.

Feb 2022 – Oct 2022 · 8 mos

• Manager of the Heimstaden Research team
• Focus on asessing housing market trends, real rates and rental growth
• Development of investment models for the CIO office
• FX and interest rate monitoring of the financial exposures of Heimstaden
• Meetings with investors (ECM and DCM) in Heimstaden Bostad
• Reporting and sparring to management and board on Heimstadens macro/market exposures

Aug 2020 – Sep 2025 · 5 yrs 1 mo · Copenhagen, Capital Region of Denmark, Denmark

• Invested in:
• ScaleUp Finance -> https://www.scaleup.finance/
• Market Reader Inc. -> https://www.marketreader.com/
• Other activities include:
• Author of “Stenos Signals” - a blog on market/macro -> https://andreassteno.substack.com/
• Hosting the podcast "The Macro Trading Floor" with Alfonso Peccatiello

Feb 2020 – Dec 2021 · 1 yr 10 mos

• Overall responsible for Nordeas global Macro/FX/Rates strategy views and management of analysts
• Macro/Rates/FX strategy towards institutional and large-cap corporate clients. Mostly G10 (of course with a strong niche knowledge in Scandis).
• Typical clients:
• Central banks
• Hedge funds
• Pension funds
• Asset managers
• Multinationals

Feb 2018 – Feb 2020 · 2 yrs

• G10 FX/FI analysis, forecasting, ideas and communication.
• Mostly USD, EUR and GBP rates and G10 FX, also general market strategy and allocation.
• Client meetings with central banks, institutionals and multinationals.
• Follow my thoughts @
• https://twitter.com/AndreasSteno @AndreasSteno
• Or
• https://nexus.nordea.com/#/profile/104368/andreas-steno-larsen
• Contact info:
• +4531129636

Apr 2017 – Feb 2018 · 10 mos

Apr 2016 – May 2016 · 1 mo

• Interim shift at Emerging Markets FX Sales Desk

Feb 2016 – Apr 2017 · 1 yr 2 mos

• Risk Advisory towards Danish & International Corporates.
• Advising corporations on how to handle FX, Interest Rates, commodity exposure.
• Personally driven several advisory processes towards Danish large cap corporates.
• Includes:
• Quantification of risks via modelling of FX and IR impact on assets and liabilities, financial statement, credit metrics etc.
• Suggestions on how to handle and hegde these risks, so that the core business is protected from fluctuations in financial markets.
• Also often used as speaker on different topics on the financial markets.
• Keywords:
• Value at risk, Cash Flow At Risk, Asset and Liability Management, Credit metrics protection, Debt mix, Debt capacity, how to minimize volatility in e.g. FFO to Net Debt & Net Debt / EBITDA, FX Options, FX Forwards, Deal Contigency Hedges, Cross Currency Swaps, Derivatives, Capital Structure.
• Cell phone: +45 31 12 96 36

Mar 2014 – Apr 2016 · 2 yrs 1 mo

• Risk Advisory towards Danish & International Corporates.
• Advising corporations on how to handle FX, Interest Rates, commodity exposure.
• Personally driven several advisory processes towards Danish large cap corporates.
• Includes:
• Quantification of risks via modelling of FX and IR impact on assets and liabilities, financial statement, credit metrics etc.
• Suggestions on how to handle and hegde these risks, so that the core business is protected from fluctuations in financial markets.
• Keywords:
• Value at risk, Cash Flow At Risk, Asset and Liability Management, Credit metrics protection, Debt mix, Debt capacity, how to minimize volatility in e.g. FFO to Net Debt & Net Debt / EBITDA, FX Options, FX Forwards, Deal Contigency Hedges, Cross Currency Swaps, Derivatives, Capital Structure.
• Cell phone: +45 31 12 96 36

May 2011 – Mar 2014 · 2 yrs 10 mos

• 05/2013 - 04/2014
• Working as Junior FX Strategist @ Global FX Strategy
• Involved in:
• Global FX Strategy - Nordeas biweekly flagship FX publication..
• FX morning calls..
• Ad-hoc quant and qual FX analysis..
• 2011-2013
• Working @ Global Alpha Trading Models group.
• The group is covering quants and model investments within primarily G10 FX and FI.
• Runs different strategies for frequent trading customers.

Aug 2009 – May 2011 · 1 yr 9 mos

• "The Nordic Search Company"
• Kluge & Partner, business concept is centered around three areas of competence:
• Headhunting
• Assessments
• Outplacement
• We have successfully headhunted a great number of people in the areas of Top and Middle Management, Sales, Marketing, IT, and Consulting.
• Kluge & Partners A/S primary business area is IT & Telco companies with focus on the Nordic region. Today we solve assignments for our clients in Denmark, Sweden, Norway and Finland.

Aug 2008 – Aug 2009 · 1 yr