- Advertisement -
- Advertisement -

Related

AIFM Launches new Fund in AIF Wrapper

Report: Alternative Fixed Income

- 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

Standout Month for Symmetry: A Sign of Things to Come?

February of this year marked one of the best months in the nearly 12-year history of stock-picking hedge fund Symmetry Invest with an advance...

CTAs Struggle Amid Reversals, Non-Trend Strategies Hold Up

In February 2025, the NHX CTA index was down due to losses in soft commodities, energies, and bonds as markets reversed forcefully on gloomy...

Tidan Capital Launches Portable Alpha Product

Late last year, Tidan Capital introduced Nova, a market-neutral options and volatility arbitrage strategy designed to exploit anomalies in equity options markets. These inefficiencies...

NBIM Signals Interest in Long/Short Equity

Investor interest in long/short equity strategies appears to be making a comeback as market volatility and stock dispersion – driven in part by higher...

Protean Officially Rolls Out Third Fund: Active with Index-Level Fees

Stock-picking boutique Protean Funds is set to officially challenge passive investing with the launch of its third fund, Protean Aktiesparfond Norden, on April 1....

New Fund Blends Steno’s Nowcasting and Asgard’s Risk Premia

After founding his own macro research firm, former Nordea Chief Strategist Andreas Steno Larsen has joined forces with fixed-income specialist Asgard Asset Management to...

Allocator Interviews

In-Depth: Megatrends

Voices

Request for Proposal

- Advertisement -