(IN BRIEF) Three SEB funds have been recognized at the LSEG Lipper Fund Awards – Europe for their outstanding risk-adjusted returns in the Nordic and Swedish equities categories. SEB Nordenfond and SEB Sverigefond received awards for best risk-adjusted return in ten and three years, respectively, while SEB Sweden Equity was honored for its performance over five years. Fund managers Tommi Saukkoriipi and Caroline Forsberg attribute their success to a common philosophy of fundamental management, emphasizing long-term perspectives, well-managed companies, and sustainability practices. The awards, presented by the LSEG Lipper Awards, highlight funds and management firms excelling in providing consistently strong risk-adjusted performance across various categories.
(PRESS RELEASE) STOCKHOLM, 9-Mar-2024 — /EuropaWire/ — Three SEB funds recently received recognition at the LSEG Lipper Fund Awards – Europe for consistently strong risk-adjusted returns in the Nordic and Swedish equities categories. All three funds that received awards are fundamentally managed. The team behind the funds focuses on well-managed, high-quality companies and emphasises a long-term perspective.
Tommi Saukkoriipi, who manages both SEB Nordenfond and SEB Sverigefond, which received awards for best risk-adjusted return in ten and three years, respectively, says that there is a common philosophy for fundamental management that all managers in SEB’s fund management work towards.
“An important source of the information we need for our analysis is the regularly conducted company visits. Companies that fit into the portfolios often have a strong market position and good senior executives who have the shareholders’ best interests at heart, and we evaluate companies’ sustainability work,” says Tommi Saukkoriipi.
“We have both been around for a long time, and over time, we have built up a good knowledge of both the companies we have invested in, their competitors and many of the companies we have currently excluded,” says Caroline Forsberg, who manages SEB Sweden Equity. This fund won the award for best risk-adjusted return in five years.
The LSEG Lipper Awards
LSEG Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers, based on Lipper’s proprietary performance-based methodology for over 30 years and in over 19 countries worldwide.
Niklas Magnusson
Head of Media Relations & External Communication
+46 70 763 8243
niklas.x.magnusson@seb.se
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First published in this link of EuropaWIRE.