Best fund selection teams in the Nordics 2018
Earlier this week Tell Media Group, in cooperation with eight international fund companies, gathered institutional investors and fund selectors for the 9th annual Nordic Fund Selection Awards in Stockholm.
Tell Media Group introduced the Nordic Fund Selection Awards in 2010 in an effort to highlight the importance of the fund selection profession and to create a platform for benchmarking and feedback from fund companies to Nordic selectors. This year’s winners, highlighted below, were announced on Wednesday at a gala dinner that took place at the Grand Hotel in Stockholm.
The methodology for the country specific awards as well as the Nordic Investment Consultancy of the year award remained largely unchanged with fund companies active in the Nordic region providing ratings on Nordic selection teams across four themes (outlined below). Ratings were given on a scale of 1-5 with 5 being the best. The team with the highest average rating was announced as the winner. The methodology for the mandate/fund search of the year awards and the personality of the year award were more qualitative where Tell Media Group, with input from the industry, decided on the winner.
- How important is the team (in terms of potential asset flows & brand)?
- How good/professional do you perceive the selection process used by the team to be?
- How good is the team at communicating with you throughout the selection process?
- How good is the team at integrating ESG considerations in the selection process?
This year’s winners
The Nordic equity mandate/fund search of the year award was presented by Matthews Asia and the winner was SEB for its ESG focused European equity search, which was completed in March 2018.
The Nordic fixed income mandate/fund search of the year award was presented by AXA Investment Managers and the winner was Skandia Asset Management (Denmark) for its High Yield search, completed in July 2017.
The Nordic Investment Consultancy of the year award was presented by Legg Mason and the winning team was Grieg Investor.
The Danish fund selection team of the year award was presented by BMO Global Asset Management and the winning team was PFA.
The Finnish fund selection team of the year award was presented by First State and the winning team was Ilmarinen.
The Norwegian fund selection team of the year award was presented by Jupiter and the winning team was Storebrand Asset Management.
The Swedish fund selection team of the year award was presented by Robeco and the winning team was AP1.
The Nordic Fund Selection Personality of the year award was presented by Lazard and the winner was Karolina Qvarnström, Länsförsäkringar Fondförvaltning.
/A complete review from the event will be published in an Awards supplement, distributed with Nordic Fund Selection Journal in December.