Yet another win for us in the Swedish pension system

Nordea entered the procurement with one fund for each of the categories, with the funds Nordea Nordic Fund and Nordea Nordic Small Cap respectively. And today we can proudly conclude that both funds were selected.

“Winning this procurement means a lot to us and to our customers, especially in the important Swedish market. It shows the high quality of our funds and of our fund management”, says Ellinor Nordgren, Head of Nordea Funds, Swedish branch.

Tough selection process 

The procurement process performed by the Swedish Fund Selection Agency is extensive. The agency’s goal is to ensure quality and stability of the system. In the evaluation both fund, fund company and surrounding administration are assessed based on criteria such as investment process, manager resources, diversity and corporate culture. 

Investment performance and risk control are also key, as well as pricing. By law, the funds procured must be suitable, controllable, sustainable, cost-efficient and of high quality. 

“Many people within the Nordea Asset Management value chain has been a part of this procurement. It is a big win for all of us and I am very proud of what our organisation can achieve by working cross functions and cross borders,” says Nils Bolmstrand, Head of Nordea Asset Management.