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Read more about our membershipsWinners and losers in the procurement of actively managed global equity funds
Today, the Swedish Fund Selection Agency announced the result of its largest procurement so far – deciding which actively managed global equity funds that will be available on the premium pension platform going forward.
The procurement results published today for actively managed global equity funds relates to SEK 200 billion of assets. It’s therefore not surprising that there was a huge interest among both local and international fund managers with a total of 99 tenders submitted. However, ten of these were recalled and 20 were rejected by the Swedish Fund Selection Agency because they didn’t fulfil required demands. That left 69 funds that were evaluated by the selection team. It’s often highlighted that historical performance doesn’t say anything about the future, but the three-year annual return of the procured funds stands at 8,8 per cent
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