- Advertisement -
- Advertisement -

Related

AIFM Launches new Fund in AIF Wrapper

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Swedish fund company AIFM Group has launched an AIF-regulated fund called Räntespar i Sverige, aiming to serve as an alternative to traditional fixed-income funds. Räntespar i Sverige was set up as an alternative investment fund that issues participating loans to investors, who, in turn, receive exposure to a pool of predominantly investment-grade corporate bonds.

With the participating loans listed on the Nordic Growth Market, investors can sell their investments without Räntespar i Sverige having to liquidate existing positions. The fund is not affected by inflows and outflows, which ensures a long-term horizon that protects against short-term movements in the market. The vehicle offers an annual interest rate of at least 2.5 percent above the three-month STIBOR (Stockholm Interbank Offered Rate), with quarterly interest payments and a possible annual payment on excess profit. Investors receive 80 percent of the excess profit over the target of 2.5 percent plus three-month STIBOR.

Per Thornadsson, CEO of Räntespar i Sverige.

 

The launch of Räntespar i Sverige marks the first collaboration between AIFM, a Swedish fund company offering a comprehensive infrastructure for setting up Swedish domiciled funds, and Räntespar. “Our mission is to offer a better alternative to a traditional savings account, simply put, how saving is supposed to be,” CEO Per Thornadsson comments on the launch.

Räntespar i Sverige will maintain exposure of at least 70 percent to investment-grade corporate bonds across North America, Europe and the Nordic region. “Räntespar is an exciting product that has a slightly different approach compared to a traditional fixed-income fund,” says Johan Björkholm, Deputy CEO at AIFM Group. “We see a great demand for these types of funds, and that demand has not directly decreased lately.”

Photo by AbsolutVision on Unsplash

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Evli’s Co-Investment Strategy: Opening the Door to Direct Private Equity Deals

Co-investing alongside private equity funds has become increasingly important for institutional investors seeking greater control, reduced fees, and selective deal exposure. Once reserved for...

From Loans to Layers: Navigating the CLO Capital Stack

Collateralized Loan Obligations (CLOs) play an important role in credit markets by bridging the capital needs of corporate borrowers with the return objectives of...

The Changing Role of Private Credit in a New Interest Rate Environment

During the era of near-zero or negative interest rates, traditional fixed income delivered minimal returns, prompting investors to turn to private credit for higher...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.