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Swedish fund association on FTN decision: savers may not get "best funds"

The Swedish Investment Fund Association and the Swedish Fund Selection Agency (FTN) disagree on key points of the recent procurement process for European equity funds on the premium pension platform.
Fredrik Nordström of the Swedish Investment Fund Association (left) has voiced criticism against the FTN procurement led by executive director Erik Fransson (right). | Photo: Fondbolagens Förening / Fondtorgsnämnden / PR
Fredrik Nordström of the Swedish Investment Fund Association (left) has voiced criticism against the FTN procurement led by executive director Erik Fransson (right). | Photo: Fondbolagens Förening / Fondtorgsnämnden / PR
by KIM WIESENER

Only half of the European equity funds currently available on Sweden’s premium pension platform took part in the procurement process that was concluded last month. This is “remarkable”, the CEO of the Swedish Investment Fund Association, Fredrik Nordström, says.

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