Pressure is on as Sweden’s biggest fund selection process gets underway

It has been some eventful twelve months at Fondtorgsnämnden, the new Swedish Fund Selection Agency that is responsible for the investment funds at the premium pension platform. With some SEK 1185 billion (EUR 100 billion) to be invested in selected funds over the next three years, it is understandable that the interest in its work is significant. With high ambitions from the political side for the newly reformed premium pension system, the pressure is also on for the new agency to deliver on the high demands.

At the very end of June, the Swedish Fund Selection Agency initiated its first procurement round, targeting European equity managers, which naturally represented a big moment for the team. “It feels good but it’s a lot of pressure,” says Erik Fransson, executive director of the Swedish fund selection agency. “We can’t release something that’s not perfect. We haven’t had any friendly games to prepare – it’s like we’re directly at the World Cup and we need to deliver.” He adds that this will be the most thorough search that has been conducted in Sweden. ”At the same time, we must