Passively invested Sweden equity funds have done well in 2013 so far, according to data and analysis provided by Morningstar and published by daily Dagens Industri.
Africa may not come to mind among mainstream Swedish investors just yet, but companies in the region are more resilient than many of them realise, says Karin Fries, fund manager at Carnegie Fonder.
Thomas Eriksson has switched roles to become president and CEO of Carnegie, having previously held a similar position at domestic competitor Swedbank Robur.
Only two global brands have managed to break the Nordic domination of the latest 'Top-3' lists of equity, bond and hedge funds picked by advisers at Fondmarknaden.se, Sweden's biggest fund supermarket.
Swedish investment bank Carnegie's president and CEO Frans Lindelöw will be stepping down in the autumn of this year, after overseeing the company's separation into three legal entities.
John Olaisen, chief analyst for Carnegie in Norway has reportedly jumped to competitor ABG Sundal Collier as a result of the Nordic bank's decision to limit bonuses.
Bonuses at investment banking group Carnegie are being cut, according to comments attributed to the company's chief executive Frans Lindelöw.
Henrik Rhenman, whose healthcare fund returned about 800% in dollar terms in the decade to 2008, said he believes equity price levels and the outlook for companies in which he invests point to significant potential from the sector over the coming year...
Swedish firm Carnegie has announced a restructuring into three operationally and legally separate business areas, which will see the ending of its market making activities for the Swedish market.