06 Mar 2012 11:55

Morningstar names SEB best manger, Danish equities

"We are always pleased to receive an award, but the Danish equities award is especially important in the local market. The asset class, Danish Equities, is used by all types of clients and mandates. It gives us an exceptionally good argument towards new and existing clients,” Henrik Nordby, head of SEB’s Danish Wealth Management unit, says.

He says SEB has a long history of significant outperformance compared to the benchmark and a steady top performance relative to peers.

“SEB is recognised as one of the most competent managers in the market – a status that is further consolidated by the Morningstar 2012 award,” Nordby says.

Since its launch in January 2000, SEBinvest Danske Aktier had delivered a return of 332 per cent by the end of February 2012, compared to the benchmark OMXC Cap GI index which rose 114 per cent in the same period.