Governance, risk minimisation and long term horizons were among key takeaways from a seminar on ESG issues attended by the full portfolio management team at Sweden’s Carnegie Fonder recently, the manager says in a note to its investors. The ‘G’, Governance, part of ESG was highlighted for its central role in enabling the other two […]
Carnegie’s Sweden-domiciled Micro Cap fund, which launched 31 January and has been registered in Luxembourg, has reported gains of some 3.73% in its first month. The fund, registered with Luxembourg regulator the CSSF as and ‘OPC ETR’, or foreign UCI, is focused on Swedish companies with a market capitalisation value between SEK0.5bn-5bn, and which are […]
Swedish manager Carnegie Fonder’s Strategifond has announced its return over the 2016 calendar year was 12.7%, taking total return since launch in 1988 to over 5,000% as of 1 January 2017. John Strömgren, fund manager, says in his most recently monthly update that December alone saw returns of 3.3%, boosting the full year figure, as markets […]
The Fund Distributors & Selectors 2016 Sweden report published by TNS Sifo Prospera has ranked Carnegie Fonder first among distributors and selectors active in the Swedish market, for the second year in a row. Along with Lannebo Fonder (second place) and Catella Fonder (fourth place), local managers took three out of the top five positions. […]
Russia equity funds have been making strides this year off the back of renewed focus on emerging market generally, but also from the recovery in the global oil price – a factor that has a direct bearing on the country’s finances. Fredrik Colliander manager of Carnegie Fonder’s Carnegie Rysslandsfond noted in early October that the […]
Lundin Petroleum, one of the Nordic region’s biggest hydrocarbon exploration and production companies, has predicted a rebound in the global price to $50-$60 per barrel this year, following the 75% price fall in less than two years. The comments came at an investor meeting hosted by Carnegie Fonder in Stockholm. There, Babak Houshmand, fixed income […]
TNS Sifo Propsera, the industry consultant, has ranked Carnegie Fonder as the top fund provider active in the Swedish market, based on a survey of fund distributors and selectors. Sister business Carnegie Asset Management, based in Denmark, was ranked second, with Swedish boutique Lannebo Fonder, well known for its Swedish small cap strategy, ranked third. […]
Carnegie, the Nordic financial services company, has announced a reorganisation of its operations that will result in a new asset management business including both the Swedish Carnegie Fonder and the Danish Carnegie Asset Management, and which will have AUM of some SEK175bn (€18.6bn). The change comes as the asset management businesses are moved from their […]
Investors looking for fixed income exposure to Nordic companies may soon have the option of considering the Carnegie Corporate Bond fund, as the Swedish fund provider is set to invest to raise awareness of the near 25 year old fund outside the region. Available in SEK as well as hedged NOK and euro, and as […]
Passively invested Sweden equity funds have done well in 2013 so far, according to data and analysis provided by Morningstar and published by daily Dagens Industri.
Africa may not come to mind among mainstream Swedish investors just yet, but companies in the region are more resilient than many of them realise, says Karin Fries, fund manager at Carnegie Fonder.
Thomas Eriksson has switched roles to become president and CEO of Carnegie, having previously held a similar position at domestic competitor Swedbank Robur.