AMWatch

Robur veteran jumps ship to main rival

A long-term Swedbank Robur portfolio manager is leaving to join Sweden’s second-largest fund manager.

Photo: PR/Handelsbanken

After 20 years in various roles at Swedbank Robur, Rikard Forssmed has left Sweden’s biggest domestic fund manager to join Handelsbanken Fonder.

At Handelsbanken Fonder, which is Sweden’s second biggest domestic fund manager, Forssmed is portfolio manager and responsible for the US small cap fund Handelsbanken Amerika Småbolag, which has SEK 16.8bn (EUR 1.6bn) in assets under management.

Throughout his two decades at Robur, Forssmed has been a portfolio manager within US stocks and commodities as well as a trader and as head of trading. Since 2016, he has overseen the Swedbank Robur USA fund.

Swedbank Robur has EUR 158.1bn in assets under management and sits on roughly 20% of Sweden’s mutual fund market while Handelsbanken’s corresponding figure is EUR 86.8bn with a market share of 12.2%

Swedish group took first Danish top spot in ten years

Handelsbanken continues to gain market shares at home but loses ground abroad

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