SEB Investment Management has decided to liquidate the SEB Trygg Pension fund in November.
The reason is that one of the investors in the sub-funds, SEB Trygg Pension Nyttja and SEB Trygg Pension Spara, has announced the intention of redeeming all investments, which mean the Net Asset Value (NAV) of the fund will “drop to almost most zero.”
More from AMWatch
The platform for private market funds has got fresh capital and new partners onboard, as the competition between companies trying to bridge the gap between private market funds and investors with limited access intensifies. The CEO of Titanbay tells AMWatch how the new partnerships will help the business to prosper.