Handelsbanken biggest for mutual funds in 2010

Of all the players on the Swedish mutual funds market, Handelsbanken had the
largest net inflows in 2010, as is evident in new figures from Svensk
Fondstatistik.
 
More than one in five new kronor invested in the Swedish mutual funds market was
invested in one of Handelsbanken's funds.
 
Katja Bergqvist, chief executive of Handelsbanken Fonder, points to a series of
factors behind the increase:
 
"We are seeing a growing interest in our mutual funds from private individuals
and institutions alike - chiefly due to our very strong fund management
performance. Naturally, good returns in relation to risk are always a sound
reason for selecting a fund. Also, the breadth of our product range means that
we can offer everything from well-balanced solutions with good risk
diversification to niche, special funds for more demanding customers."
 
In addition, Handelsbanken has had a very strong inflow of new customers in
recent years.
 
"This is evident in the figures. Our branches have done a superb job, providing
these new customers with good advice for their mutual fund savings. In new
savings, we have seen the greatest increase in the funds that have performed
best over the year, including emerging markets funds and Nordic funds."
 
An additional factor, according to Katja Bergqvist, is that professional
investors - major institutions - are selecting Handelsbanken's funds to a
greater extent.
 
Of the total net deposits on the Swedish mutual funds market last year, 20.7 per
cent were in Handelsbanken's funds. The largest increase was in equity funds
(excluding premium pension funds), where 24.7 per cent of new deposits were with
Handelsbanken Fonder.
 
For further information, please contact:
 
Katja Bergqvist, Handelsbanken Fonder, +46 8 22 92 20
Johan Lagerström, Head of Corporate Communications, +46 8 701 1395
 mobile:  +46 70 265 8014
 
Press release (PDF): 
http://hugin.info/1225/R/1480435/415960.pdf
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Handelsbanken via Thomson Reuters ONE
 
[HUG#1480435]