"SEB's Investable Nordic Hedge Fund Index gives us good exposure versus the Swedish and Nordic hedge fund market, as well as good hedge fund strategy diversification," says Fabian Dahl, Portfolio Manager, AP6. "Additionally, in benchmarking this product versus others, it was competitive in performance, structure and fees."
Says Eric Hoh, Head of Alternative Investment Solutions, Trading & Capital Markets (A-TCM) at SEB:
"The index product is a natural evolvement in A-TCM's product development, always searching to find new solutions for clients.
"A Nordic hedge fund index plays to our strengths being the leading prime broker in the Nordic region and knowing the industry well," he says. "It is of great importance for SEB to be a business partner and offer state-of-the-art solutions to such well-known and well reputed financial institution as AP6.
The SEB Group is a North European financial group for 400,000 corporate customers and institutions,
and 5 million private customers. SEB has local presence in the Nordic and Baltic countries, Germany, Poland, the Ukraine and Russia and has a global presence through its international network in another 10 countries.
On 31 December 2006, the Group's total assets amounted to SEK 1,934bn while its assets under management totalled SEK 1,262bn. The Group has about 20,000 employees. Read more about SEB at www.sebgroup.com
For further information, please contact:
Eric Hoh, Head of A-TCM, tel. +46-8-506 23161
Elisabeth Lennhede, Head of Communications, Merchant Banking,
tel. +46-70-763 9916