New Board of Handelsbanken Fonder AB
In order to clarify Handelsbanken’s range of active mutual funds and index-based funds, fund operations will be split into two separate companies as of 1 January 2016. Active funds will be offered by Handelsbanken Fonder AB, while index and exchange-traded funds will be offered by Xact Kapitalförvaltning AB.
Both companies currently have boards composed of the same members. In preparation for Xact Kapitalförvaltning AB starting up its operations which require a licence on 1 January 2016, a change will be made whereby the present Board of Xact Kapitalförvaltning AB will remain in place, while a new board will be appointed for Handelsbanken Fonder AB.
Katja Bergqvist has been appointed as Chair of the Board of Handelsbanken Fonder AB. Katja Bergqvist is currently Chief Executive of Handelsbanken Fonder and will step down from this position when she takes over as Chair of the Board as of 1 January 2016.
Until that date, Olof Lindstrand remains as Chair of Handelsbanken Fonder AB. The process of recruiting a new Chief Executive for Handelsbanken Fonder has been initiated.
The following persons have been appointed as new members of the Board of Handelsbanken Fonder AB, with immediate effect:
Helen Fasth Gillstedt
These three board members are independent of the company and its owner. Robert Lundin remains on the Board as employee representative.
Handelsbanken Fonder AB’s operations include management of seven exchange-traded funds (ETFs) under the XACT brand. All these funds are listed for trading on NASDAQ OMX Stockholm. NASDAQ Stockholm’s issuer regulations prescribe that changes to the boards of fund management companies which manage ETFs and which occur at other times than annual general meetings, must be made public.
For further information, please contact:
Per Elcar, Head of Handelsbanken Markets & Asset Management +46 8 22 92 20,
+46 8 701 35 75
Johan Wallqvist, Press Officer, Handelsbanken, +46 8 701 8047,
+46 72 206 34 50
This information is of the type which Handelsbanken is obliged to make public according to the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on 9 November 2015. For more information about Handelsbanken, see: www.handelsbanken.com