Ketil Petersen is country head, Nordic Region at Schroders based in Copenhagen, where the international manager faces a particular tax problem – as it affects all international managers seeking to make headway into the local fund market. Proportionately, funds are a key method of saving and investing. Data from Investeringsfondsbranchen, the Danish Investment Fund Association, […]
It has been reported in local trade press that Sweden funds averaged returns of 5.3% so far this year, lagging Europe (7.7%), North America (15.2%) and Latin America (19.5%), according to data from Morningstar. Business magazine Affärsvärlden says that of the regions where Swedes invest only Eastern Europe has done worse, returning -2.1% over the […]
Falcon Sicav plc has registered with the Swedish Pensions Agency (Pensionsmyndigheten) to obtain distribution of its Falcon Agressive, Balanced and Cautious sub-funds on the PPM platform, which offers long term savers access to fund self-selection. The Falcon Aggressive is a balanced fund investing globally in equity and fixed income assets. Falcon Balanced takes a similar […]
The so-called ‘investeringssparkonto’, a type of savings account that provides a tax efficient wrapper to facilitate savings, is becoming an increasingly popular way for retail investors to access collective investments, according to the latest quarterly statistics published by the Swedish Investment Fund Association. During the first half of the year, households bought funds through their […]
As yield on the German 10-year Bund fell below 1% in the wake of fears of eurozone economic stagnation, Bill Street, head of Investments EMEA at SSgA, said that investors should expect the European Central Bank to put its version of Quantitative Easing back on the agenda. “Two days of painful data in Europe against […]
Ahead of Swedish voters going to the polls on 15 September, the Swedish Investment Fund Association has outlined a number of changes it hopes any new government would consider implementing. As a trade body, the Association said that it would not comment on policies currently being proposed by individual political parties: it is intended to […]
Catella, the Sweden headquartered financial group, has taken its equity stake in Informed Portfolio Management to 51%, thereby making it a subsidiary. Catella previously owned a 25% share in the IPM business, but first put forward its proposal to acquire a controling stake to the local regulator Finansinspektionen earlier this year. Both businesses announced the […]
Invesco’s Multi Asset fund manager Richard Batty takes a closer look at the macro situation in Sweden and investment implications for the Invesco Perpetual Global Targeted Returns Fund.
Jyske Invest and Franklin Templeton Investments have won the ‘Overall’ category among the group awards handed out at the latest annual Lipper Fund Awards for the Nordic region.
Coeli Asset Management, based in Sweden, has launched Global Bond Opportunities Fund, a Ucits compliant vehicle investing across a range of fixed income securities.
Total net assets of the Swedish fund industry hit another new high in May at SEK2.712trn (€299bn), as net sales of SEK13.3bn took year to date net sales to SEK69.1bn (€7.6bn).
FIM is adding two more funds to the PPM platform operated by the Swedish Pensions Agency, through which investors can self-select funds into which a portion of their long term savings are invested.