eng

Invik appoints new Managing Director of MPK

12/12/2003 11:18 AM

MPK currently has more than MSEK 7,000 of funds under management, of which MSEK 2,600 is managed by the mutual fund manager Aktie-Ansvar, and of which MSEK 4,400 is managed by MPK Asset Management. Aktie-Ansvar has seen a significant capital inflow during the year. The Graal Hedge Fund has more than tripled its assets under management while the Avkastningsfonden fund has grown in size by 70%.
 
Anders Fällman, President and CEO of Invik, commented: "Per Molin has a proven track record in the industry and will be focused on increasing the capital inflow to Aktie-Ansvar funds and the traditional asset management business".
 
For further information, please visit www.invik.se or contact:
 
Invik & Co. AB is an investment company. The Group consists of the Parent Company Invik & Co. AB and a number of operating subsidiaries. The Parent Company manages a long-term portfolio of listed company securities. The Group's subsidiaries are principally active in banking, insurance, securities broking and trading, and asset management.
 
Invik & Co. AB shares are listed on the Stockholm Stock Exchange O list (Attract 40) under the symbols INVKA and INVKB.