Carneo acquires Alfred Berg’s Swedish funds and discretionary mandates
Carneo, the Nordic multi-boutique asset management group, continues to consolidate the Nordic asset management industry. Today, the group announced that it has signed an agreement with BNP Paribas Asset Management to acquire all Swedish funds and discretionary mandates managed by Alfred Berg.
Niklas Tell 2019-08-21
The deal is done through Carnegie Fonder, one of its subsidiaries, and the transaction consists of nine mutual funds and a number of discretionary mandates, with assets under management totalling close to SEK 10 billion.
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