Swedbank strengthens the investment management
2009-05-04 Back
The investment decisions in „Swedbank investicijų valdymas“, UAB will be transferred to Swedbank Robur in Sweden as of 5 May of this year. This is a natural step in Swedbank Group's development strategy, since the acquisition of AB bankas Hansabankas, of forming one unified asset management working as one organization out of one geographical location.
The business and the relationship with customers will remain local. Daily investment matters will be handled from Sweden, but the funds will stay registered in Lithuania.
"I strongly believe that the integration of the asset management organizations will enable us to take advantage of Swedbank Robur's solid experience and structured investment process. A team compiled of specialists from both Swedbank Robur and the Baltic investment companies will create a strong united competence center that will strengthen our positions and customer relations in Lithuania and the Baltic Region", - says Aurimas Maždžierius, head of „Swedbank investicijų valdymas“, UAB.
Mats Lagerqvist, CEO of Swedbank Robur, informs that Swedbank Robur has performed internationally for more than 20 years. With an active management approach, Swedbank Robur has received well respected national and international rewards.
"By forming one unified asset management we will be able to deliver attractive product offerings and high-quality performance for pension and other investment funds, to reach higher customer satisfaction, both in the Baltics and Sweden," - says M. Lagerqvist.
„Swedbank investicijų valdymas“, UAB is a subsidiary of Swedbank. It manages assets of about LTL 1.7 billion and has more than 422,000 customers in Lithuania.
Swedbank Robur is a subsidiary of Swedbank and is today one of the top European asset managers with a track record since 1967. Swedbank Robur manages about 70 billion euros of which a great deal is invested in foreign securities. Swedbank Robur has approximately 400 employees. For the third consecutive year Swedbank Robur has been named the best fund manager in the Nordic region by the international analyst firm Lipper.
