On September 3, 2010 the Carnegie group signed an agreement to acquire all shares in HQ Fonder Sverige AB. The acquisition was completed on September 22. Subsequently the acquisition has been approved by the Swedish Competition Authority (Konkurrensverket) and a change of name has been registered. From today, HQ Fonder Sverige AB is therefore called Carnegie Fonder AB. The individual funds will also shortly change name.
– Following the recent turbulence it feels secure that we are now a part of Carnegie. Carnegie is a strong owner that shares our long-term view of asset management. This means that we can continue to work as we always have done - with fundamental research in the search for undervalued securities, says Hans Hedström, Chairman, Carnegie Fonder.
About Carnegie Fonder AB
Carnegie Fonder offers a broad range of funds, with an emphasis on Swedish equity funds, emerging market funds and fixed-income funds. Carnegie Fonder is a wholly owned subsidiary of ABCIB Holding AB, which is the parent company of the Carnegie Group. Read more at www.carnegie.se/fonder.
About the Carnegie Group
Carnegie is a leading independent investment bank with a Nordic focus. Carnegie provides added value for institutions, companies and private individuals in the areas of trade in securities, investment banking, private banking and asset management. The Group has assets under management in excess of SEK 110 billion. There are approximately 900 employees, located in offices in eight countries. Through its parent company ABCIB Holding AB, Carnegie is owned by private equity company Altor, investment company Bure Equity AB, Investment AB Öresund and employees of Carnegie.