Swedish insurer Länsörsäkringar has added the JPM Africa Equity fund to its platform of funds available to Swedish retail investors.
Swedish insurer Länsförsäkringar is to outsource its fund of funds management to Alfred Berg, the Nordic specialist of BNP Paribas Investment Partners.
Standard Life Investments says its distribution partnership with Swedish customer owned banking and insurance group Länsförsäkringar has resulted in sales of more than €30m for its Global Absolute Return Strategies (GARS) fund in the past five months.
Eva Gottfridsdotter-Nilsson of Länsförsäkringar Fondförvaltning has been elected new chairman of the Swedish Investment Fund Association (Fondbolagens förening) at the organisation’s Annual General Meeting on 24 May.
Harris Associates has joined the growing list of firms fined this year by Swedish regulator Finansinspektionen (FI) over failures to report equity trades within prescribed time limits.
Danske Capital has been awarded a contract to manage Länsförsäkringar Fondförvaltning’s Trygghetsfond fund with assets of around SEK5.4bn (€589m).
Preserving the fund selection focus has been the recent challenge for customer-owned asset management and fund distribution business Länsförsäkringar, as the company threw open its platform to a wider range of funds.