Both funds invest in corporate bonds whereof 50 percent in the USA and 50 percent in Europe. Investments are made on bonds issued by companies with a high credit rating. Historically, returns have been favourable in terms of the low risk exposure.
In order to offer our clients the best investment alternative as possible, SEB Invest has entered a sub-advisory agreement with Wellington Management Company LLP. The responsible fund manager at SEB Invest will be Arne Boberg.
- There have been several inquiries from our clients for an investment alternative to the European government and mortgage bond market. Therefore, it is a pleasure to now be able to offer this new alternative concurrently with the development of the European corporate bond market, says Thomas Kristiansson, Head of Fixed Income & FX, SEB Invest
Wellington Management is one of the oldest and largest independent investment managers in the United States. The firm focuses solely on asset management for institutional clients worldwide. Wellington Management's total assets under management amounted to more than USD 295 billion as of 30 June 2001.
For further information please contact:
Thomas Kristiansson, Head of Fixed Income & FX, SEB Invest, 08-788 62 45,
070-495 00 86
Anna Selberg, Head of Information, SEB Investment Management & Life, 08-785 11 46, 070-763 81 54