Sweden's FTN awards four fund managers Nordic equity fund tenders

The Swedish Fund Selection Agency (FTN) has announced its decision on the procurement of the actively managed fund category Nordic equity funds for the premium pension fund platform.

The FTN gave notice for the procurement of Nordic equity funds last year, as part of its broader procurement plan for 2025, with planned tenders totalling 241.7bn.

Four fund managers were awarded fund agreements for a total of four funds on the premium pension fund platform, three of which have already been available on the fund platform and one of which is new.

The four fund managers are: Fondbolaget Fondita Ab (Fondita Nordic Small Cap), Handelsbanken Fonder AB (Handelsbanken Nordiska Småbolag), Nordea Funds Ltd Nordea (Småbolagsfond Norden), and SEB Investment Management AB (SEB Nordic Small Cap Fund).

The award decision means that SEK 9bn of premium pension savers' funds will be allocated to these funds, with around 55,000 pension savers holding savings in the funds affected by the procurement.

The FTN said that the procurement will mean that all the funds in the category have undergone an extensive evaluation and are of high quality.

By law, the funds procured must be suitable, controllable, sustainable, cost-efficient, and high quality. In addition to this, the range on the fund platform must provide pension savers with freedom of choice.

Commenting on the appointments, FTN chairman, Mats Dillén, said: “The work to quality assure the funds in the premium pension scheme is proceeding according to plan and we are pleased to finalise two more procurements now.

Adding to this, FTN executive director, Erik Fransson, said: “The fact that all funds in the category are now quality-assured means a safer choice environment for savers. Regardless of which fund you choose, you can rest assured that it is a fund with high quality management."

Funds that have not been allocated will be deregistered from the fund platform after a phase out period.

Savers with funds removed from the fund platform will be given the opportunity to make a new choice.

If the saver does not choose, the funds will be automatically moved to an equivalent procured fund.



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