One of the largest insurance companies in Sweden has teamed up with a local investment manager to provide retail investors with access to a UCITS fund of hedge funds.
Stockholm-based Folksam is working with local hedge fund of funds manager Optimized Portfolio Management to create a multi-strategy solution for investors looking to preserve capital.
Göran Emtesjö: Folksam
Like many savers in Europe, Swedish investors have lost money as a result of declining equities, a lack of yield in bond markets and interest rates at historically low levels.
Swedish investors tend to like riskier assets than some of...