The Swedish Fund Selection Agency (FTN) has published its preliminary procurement plan for 2025, with planned tenders totalling 241.7bn.

FTN is planning five procurements of different categories of equity funds, four of which will be actively managed, and one will be index managed.

The biggest fund category is for IT and communication (SEK 145.1bn), followed by Swedish small cap (SEK 45.4bn), US & North America large/mid-cap – index managed - (SEK 31.4bn), US & North America large/mid-cap – actively managed – (SEK13.2bn) and European small-cap (SEK6.6bn).

It is not yet confirmed what order the fund procurements will be made in and FTN stressed that as it is a preliminary plan, it might be subject to change. Once further decisions have been made regarding the procurements, information will be published on FTN’s website.

This year has seen FTN award numerous contracts for Sweden’s premium pension system. Last week, it announced the results of its global and European equities tenders. It also launched its largest tender to date for the procurement of SEK 200bn worth of actively managed global equity funds.

Commenting at the time, FTN executive director, Erik Fransson, said: "The procurement of global equities is our largest to date and global equity funds are an important component of many people's long-term savings.

"We know that we have a process that works and I hope that all fund managers with competitive funds will submit tenders thereby creating the conditions for safer and higher pensions for Sweden's pension savers.”

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