Morningstar has awarded Evli Fund Management Ltd as the best fund management company in Sweden. The Morningstar Fund Awards 2020 for Sweden were handed out on March 9th in Stockholm.
In the “Best Fund House: Overall” category, the rankings are determined based on five-year risk-adjusted returns, taking into account all of the funds registered in the country by the fund management company.
Evli is a Nordic fund management boutique, founded in 1989. To date, Evli’s portfolio of funds has grown to over 30 traditional and alternative funds. Evli has gained wide recognition as, among others, one of Europe’s leading fixed income fund managers, along with having been awarded as one of the best European equity managers. Evli’s funds have been sold in Sweden since 2001.
“The award is a valuable honor which recognises Evli’s fund management capabilities and the long-term success of our investment strategies across all four of our focus areas - fixed income, Nordic equities, global equities, and factor investing. All focus areas have clearly defined investment strategies, which result in excellent returns. Thanks are naturally also due to our well-established, experienced team of portfolio managers with an average of over 10 years of experience in fund management at Evli and even over twenty years of experience in the capital markets,” a delighted Mikael Lundström, Evli’s Chief Investment Officer, explains.
In 2019, net subscriptions of Evli’s funds reached nearly EUR 960 million, making Evli the fastest growing fund management company in Finland. About half of the net subscriptions came from outside of Finland, mainly from Europe. In a pan-European context, Evli Fund Management ranked 91st in Morningstar’s list of 1,400 fund management companies, or the top 7 percent, based on last year’s net subscriptions. Among small fund management companies (less than EUR 25 billion of assets under management), it ranked 25th in all of Europe.
As of January 2020, Evli Fund Management’s fund capital totaled about EUR 9.7 billion*.
Mikael Lundström, Chief Investment Officer, phone: +358 9 4766 9321, firstname.lastname@example.org
Kim Pessala, Head of Institutional Clients, phone: +358 9 4766 9141, email@example.com
In addition to Morningstar Awards, Morningstar publishes independent investment analyses and comparisons. The company is also known for its mutual fund star ratings.
Morningstar Awards 2020 (c). Morningstar, Inc. All Rights Reserved. Morningstar has awarded Evli as the Best Fund House: Overall 2020 in Sweden.
*Source: Mutual Fund Report, Finance Finland (1/2020)