COMPANY PRESENTATION 2016 CARNEGIE FONDER AB • COMPANY PRESENTATION 2016 3
Contents Operations in brief ..............................................................................................................................3 Organisation ............................................................................................................................................4 Assets under management..............................................................................................................5 Investment products ...........................................................................................................................6 Fund managers .......................................................................................................................................8 Investment philosophy ....................................................................................................................10 Investment process ...........................................................................................................................12 Policies and responsible investment ........................................................................................14 Risk management and compliance ..........................................................................................17 Administration and IT .....................................................................................................................20 Trading .....................................................................................................................................................21 Contact information.........................................................................................................................22 All data per October 31 st 2016 COMPANY PRESENTATION 2016 • CARNEGIE FONDER AB 2
Operations in brief We specialise in equity funds, mixed funds and fixed-income funds in Sweden, the Nordic region and the world’s emerging markets. Founded in 1988, Carnegie Fonder has nearly 30 years of investment experience. We are value investors. All our funds are Assets under management as of 31 October actively managed, and we invest in a limi- 2016 were approximately EUR 6.1 billion, ted number of undervalued and attractive with 15,000 directly registered clients and securities that we have great confjdence in. more than 300,000 end clients through various distribution, partner and institutional Our investment philosophy has historically collaborations. produced signifjcant return on investment and highly competitive performance com- Welcome to Carnegie Fonder! pared to competing fund managers. We have longstanding experience of active fund management in varying market climates. Staff turnover within the organisation is Hans Hedström low, which results in continuity and retains CEO experience in the management teams. “Carnegie Fonder has nearly 30 years of invest- ment experience.” CARNEGIE FONDER AB • COMPANY PRESENTATION 2016 3
Organisation Legal Structure and organisation Altor III 100% Caram AB Employees 93.75% 6.25% Carnegie Fonder AB Hans Hedström Chief Executive Offjcer Head of Business Risk Chief Investment Offjcer Development Compliance & Deputy CEO Trader Head of Fund Head of Emerging Marketing and Head of Sales Managers Administration Markets Communication Middle Private Marketing Offjce Clients Back Institutional Offjce Clients Third Party Distribution COMPANY PRESENTATION 2016 • CARNEGIE FONDER AB 4
Board of directors Arne Lindman Born 1962. Chairman of Matts Ekman Caram AB Chairman Born 1946. Professional director Audit PwC AB Harald Mix Born 1960. Founder and partner, Altor Equity Partners CEO Hans Hedström Karin Burgaz Born 1957 Born 1973. Management Consultant Nohrstedt & Partners Assets under management 31 October 2016 By asset class By client type Institutional Mixed funds 31% 19% Equities 62% Third party Equity funds 52% distribution 63% Fixed income 29% Private clients 6% CARNEGIE FONDER AB • COMPANY PRESENTATION 2016 5
Investment products 31 st October 2016 area of equity funds head manager aum ( eur m 1 ) inception investment Sverigefond Swedish equities Simon Blecher 1987 1,727 Småbolagsfond Swedish equities Viktor Henriksson 2012 443 Sverige Select 2 Swedish equities Simon Blecher 2007 269 Global emerging Emerging Markets Mona Stenmark 1996 59 markets equities Rysslandsfond Russian equities Fredrik Colliander 1997 361 Relaunch Asia Asian equities Gunnar Påhlson 64 2014 Indienfond Indian equities Gunnar Påhlson 2004 208 Afrikafond African equities Karin Fries 2006 35 area of fixed income head manager aum ( eur m 1 ) inception investment Relaunch Corporate Bond 3 Fixed income Niklas Edman 1,183 2009 Likviditetsfond Fixed income Niklas Edman 1990 558 Emerging Markets Fixed income Mikael Engwall 2015 19 Corporate Bond 4 Obligationsfond Fixed income Niklas Edman 1985 17 area of mixed funds head manager aum ( eur m 1 ) inception investment Nordic equities Relaunch Strategifond John Strömgren 1,065 and fixed income 2012 Nordic equities Relaunch Strategy Fund 3 John Strömgren 89 and fixed income 2012 August Total 3 Fund of funds Magnus Gustafsson 5 2016 total , aum ( m eur 1 ) 6,102 1 EUR/SEK 9.9155 2 Special fund as defined by the Swedish Investment Funds Act SFS 2004:46. 3 Carnegie Corporate Bond, Carnegie Strategy Fund and Carnegie Total are funds registered in Luxembourg with SEB Fund Service S.A. acting as Fund Company and Carnegie Fonder AB acting as Investment Manager. 4 Carnegie Emerging Markets Corporate Bond is a fund registered in Luxembourg with Carnegie Fund Services S.A acting as Fund Company and Carnegie Fonder AB acting as Investment Manager. COMPANY PRESENTATION 2016 • CARNEGIE FONDER AB 6
Assets under management as of 31 October 2016 were approximately EUR 6.1 billion. CARNEGIE FONDER AB • COMPANY PRESENTATION 2016 7
Fund managers Equity funds Employed by Carnegie Employed by Carnegie Fonder since 2004. Fonder since 2004. Simon Blecher BSc in Business Fredrik Colliander Administration, Stockholm Gunnar Påhlson MSc in Business and University. Has worked MSc in Business and Economics. Has worked in the fjnancial industry Economics, Stockholm in the fjnancial industry since 2000. Employed by University. Has over 27 since 1990. Employed by Carnegie Fonder since 2006. years’ experience managing Carnegie Fonder since 2000. emerging markets equity funds’ or ’Started managing Viktor Henriksson Karin Fries emerging markets equity MSc in Business and BA in Economics, University funds in 1989. Employed Economics, Stockholm of South Carolina, MSc by Carnegie Fonder since School of Economics. Has in Economics, Lund 2006. worked in the financial University, and Diploma industry since 1996. in Financial Analysis (IFL). First major distribution Carnegie Fonder pioneered Carnegie Fonder pioneered in the Carnegie Fonder pioneered agreement was initiated, asset manager of emerging- fund management industry with once again with one of the first making third-party sales an market equities with the the launch of an open-ended mu- fixed-income funds focusing on important part of the sales launch of the Rysslandsfond. tual fund investing in pan-African corporations in the Nordic region, network. equities, the Carnegie Afrikafond. the Carnegie Corporate Bond fund. 1994 1997 2006 2009 1988 1996 2004 2007 Carnegie Fonder was founded. Launch of the Emerging The launch of the Kinafond and The sales network Initial focus on Swedish Markets fund. Indienfond funds, made Carnegie expanded to include equities and fixed income. Fonder one of the first Nordic fund Norway and Finland. managers to offer active funds in China and India. COMPANY PRESENTATION 2016 • CARNEGIE FONDER AB 8
Recommend
More recommend
