AMWatch

Swedish insurer hires fund offering specialist from Danske Bank

The new hire joins the insurance giant’s unit-linked operation after two years as product specialist at the Danish bank.

Photo: PR

Swedish insurance company Länsförsäkringar has hired Fredrik Källström as its new head of fund offering at unit-linked business Länsförsäkringar Fondliv.

Källström joins from Danske Bank, where he served for almost four years as a senior product specialist for balanced mandates. His previous experience also includes a position as a portfolio manager for alternative investments at Ålandsbanken and 16 years at Alfred Berg in various roles. He announced his new role on LinkedIn recently.

Källström will report to LF Fondliv Head of Product Jim Rotsman, who tells AMWatch that Källström will be responsible for analyzing funds primarily used in its SEK 191bn (EUR 19bn) pension offering.

Recent H1 figures showed that Fondliv’s assets under management have dropped from last year’s SEK 200bn (EUR 20bn) and that the average total returns for the last 12 months amounted to -10,4%. However, the premium inflow to the business amounted to SEK 10.5bn (EUR 1bn) during the first half of 2022.

Sweden’s new fund selection agency picks consultant ahead of first procurement

Swedish manager targets domestic institutions to achieve growth ambitions

No sector tilt when Folksam looks for stocks

Länsförsäkringar brings index funds home but keeps eyes on Paris

More from AMWatch

Pensions sector responds to "unnuanced" carbon report

In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch