The Swedish Fund Selection Agency (Fondtorgsnämnden, FTN) has launched a new procurement process for the premium pension funds platform, this time seeking active managers of global technology funds mainly investing in large and mid-cap companies.
In an announcement yesterday, the FTN said this latest procurement covered approximately SEK153bn (€14bn) of invested savings in the first pillar, defined contribution scheme, and affected around 500,000 premium pension savers – although there is no guarantee that the procured volume will correspond to the current volume or number of pension savers.
It is one of the Tumba-based agency’s largest procurements in terms of savers affected and amount of capital, since it began the task it was created in 2022 to perform – re-populate the platform with procured, quality-assured investment funds.
Erik Fransson, executive director at the FTN, said: “We want to give savers access to some of the most attractive technology funds on the market.”
“The aim is to raise the quality of the fund platform and strengthen savers’ opportunities for good long-term returns,” he said, adding that the agency hoped to see considerable interest from fund managers around the world.
The last day for tenders has been set at 11 December 2025, with questions about the procurement to be submitted via the agency’s e-Avrop portal by 27 November at the latest, the FTN noted.
The procurement process – for which the FTN published preliminary criteria at the beginning of this summer – is the third largest so far, after the tender for actively-managed global equity funds a year ago, and the dual procurements for active and passive Swedish equity funds two months before that.
Read the digital edition of IPE’s latest magazine
No comments yet