269 funds culled from biggest Swedish fund platform

The Swedish Pensions Agency (Pensionsmyndigheten) has confirmed that 269 funds will be de-registered from its PPM platform, following implementation of the re-registration requirement that came into effect last year following a number of financial scandals. The Pensions Agency said that 70 fund companies, with 553 funds have applied for these funds to be registered on the platform henceforth. The work to review the applications has now commenced. Of those 533 funds, some 512 are ones that previously...