The Swedish Fund Selection Agency has selected SEB Europe Equity Fund to be among the funds offered on the new fund platform for the premium pension.
The fund has been selected in the category “Actively managed European equity funds with a primary focus on investments in large and/or mid cap”. This is the first fund category to be procured in the process of building the new fund platform of the Swedish Pension Agency (Pensionsmyndigheten).
“We are very happy that our fund was selected in this first fund category to be procured,” says Javiera Ragnartz, Head of SEB’s Asset Management division. “This achievement reflects the high quality and attractiveness of our offering, also in an international perspective, and we look forward to being part of the new pension platform.”
In Sweden, parts of the public pension are invested in the so-called premium pension system, a fund platform operated by the Swedish Pensions Agency. In 2023, a law was passed to reform this platform. As a result, the Swedish Fund Selection Agency was formed to redefine the selection of funds on the platform, moving from 500 to around 100 funds through a number of procurements. All current agreements are terminated, and new funds are being selected over the coming few years. Current capital will be allocated to the new selection of funds, making this one of the largest procurements of its kind.
Source: sebgroup.com