Danske Capital to manage SEK5.4bn Länsförsäkringar fund

Danske Capital has been awarded a contract to manage Länsförsäkringar Fondförvaltning’s Trygghetsfond fund with assets of around SEK5.4bn (€589m).

The balanced fund invests globally in both equities and fixed income.

“Trygghetsfonden is one of our largest and most important funds with a large number of savers,” said Eva Gottfridsdotter-Nilsson, chief executive of Länsförsäkringar Fondsförvaltning.

“I’m very happy with our choice of Danske Capital and convinced that they have the potential to produce a good return for savers.”

Pehr-Olof Malmström, chief executive of Danske Capital said: “The new contract is in line with our strategy of an increased presence in the Swedish market.”

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