Hassleholms Kommun in Sweden has selected three investment managers to manage its Skr525m (e59m) pension fund assets, following the sale of the region’s electric power stations.
Skandia picked up a Skr210m mandate while Trevise Unibank Investment Management and Carlson Investment Management were awarded Skr157m each, to be invested in a mixture of Swedish and overseas equities and bonds.
Eva Lotta, economist at the fund, explains: “We have a normal position for the portfolios of around 55% Swedish bonds, 5% overseas bonds, 25% Swedish equities and 15% foreign equities. All three managers were selected from a 14- strong list provided by Wassum Consultants, for their performance records and investment styles.”

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