Länsförsäkringar outsources fofs to Alfred Berg

Swedish insurer Länsförsäkringar is to outsource its fund of funds management to Alfred Berg, the Nordic specialist of BNP Paribas Investment Partners.

Out of Länsförsäkringar’s 31 own funds, 27 are already externally managed. The remaining four funds of funds will be managed by Alfred Berg from 15 November, as management shifts from Länsförsäkringar Fondförvaltning.

The funds will be managed by Alfred Berg’s allocation team, headed by Stefan Gothenby. The team consists of nine professionals, with an average management experience of 18 years.

In other changes, the Länsförsäkringar fof Försiktig och Normal will be merged under the new name Länsförsäkringar Försiktig.

The Länsförsäkringar fof Offensiv name will also be changed to simply Länsförsäkringar Offensiv.

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