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Celebrating the market resilience of the Lipper Fund Award winners for the Nordics

This year’s Refinitiv Lipper Fund Award Winners have been announced for the Nordics. Based entirely on quantitative criteria, the industry’s premier awards program recognises the country’s best performing funds through a rigorous and independent assessment process.


  1. For over 30 years and in 17 countries worldwide, the Refinitiv Lipper Fund Awards have honoured funds and fund management companies that have outperformed their peers on a risk-adjusted basis.
  2. The awards recognise mutual funds and fund families from across the following asset classes: equity, bond, mixed-assets, and alternatives, with additional awards presented to pension funds and exchange-traded funds in specific fund award universes.
  3. 2020 was a year like no other. Read what winners say about their achievement and the value these awards create for their firms, clients and the industry.

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Explore key industry insights and predicted trends from the 2021 fund industry leaders. 

In a year where market volatility reached record levels, and where business and operational models were completely upended, recipients of the 2021 Refinitiv Lipper Fund Awards for the Nordics deserve a special mention for their resilience to a myriad of market risks, and commendation for their vision, innovation and mastery of today’s rapidly evolving financial markets. Congratulations to each winner.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

The awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for consistent return (effective return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

Refinitiv Lipper is the go-to resource for fund performance research, providing premium data, fund ratings, analytical tools, and global commentary through specialised products

Winners of the 2021 Refinitiv Lipper Fund Awards for the Nordics

Winners of the 2021 Refinitiv Lipper Fund Awards for Nordics

Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognised. The awards are based on Refinitiv Lipper’s proprietary methodology.

View all the winners

Watch: Lipper Fund Awards

With a 48-year track record of providing independent content, Refinitiv Lipper data encompasses over 345,000 share classes across over 80 countries. Refinitiv Lipper Leader ratings are available for mutual funds registered for sale in 47 markets with over 500 global and 174 U.S. fund classifications.

A message from Refinitiv Lipper

Robert Jenkins, Head of Research, Lipper, Refinitiv said: “This year’s Refinitiv Lipper Fund Awards recognised the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record, enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty.

“In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors’ emotions of shock and optimism, there was a degree of solace in having one’s financial fortunes overseen by the stewardship of professional money managers.

“The winners of the Refinitiv Lipper Fund Awards for the Nordics 2021 deserve recognition for their exceptional work in mitigating substantial risks while delivering superior returns.”

Exclusive media partner coverage with Expert Investor Nordics

Celebrating the market resilience of the Lipper Fund Award winners for Nordics

View the coverage, interviews and industry insights from Expert Investor Nordics, exclusive media partner for the 2021 Refinitiv Lipper Fund Awards for the Nordics.

Messages from Lipper Fund Award winners

This year’s award winners share what their award means for their firm and clients.

Enter Fonder

Jon Hyltner, Fund Manager Enter Småbolagsfond, Enter Fonder. Lipper Fund Award winners for Nordics

“We’re obviously very delighted and proud of this award. 2020 was yet again a remarkable year for Swedish small caps and the unit holders capital in this fund have now grown by more than 250 percent since inception five years ago.

“Last year, the performance came from a broad base of investments rather than a few top picks. This is positive for the investors and bodes well for the future.

“The Refinitiv Lipper Fund Award is a great recognition of the focused investment model we’ve applied for now more than 20 years.

“We specialise in Swedish companies with sustainable business models, strong market positions and good growth potential. Our specialised focus on Sweden enables us to be close to the companies we invest in. This gives us an advantage in terms of knowledge and understanding, which is even more valuable in volatile markets such as 2020.”

Jon Hyltner, Fund Manager Enter Småbolagsfond, Enter Fonder

Fiera Capital

Dominic Bokor-Ingram, Senior Portfolio Manager, Frontier Markets, Fiera Capital. Lipper Fund Award winners for Nordics

“We are delighted to accept the 2020 Equity Frontier Markets Nordic and Europe Lipper Awards for our Magna New Frontiers Fund performance. This reflects the success of our team’s focused stock-picking approach and in-depth fundamental company analysis.”

Dominic Bokor-Ingram, Senior Portfolio Manager, Frontier Markets, Fiera Capital

Fondsfinans

Fondsfinans. Lipper Fund Award winners for Nordics

“We are extremely proud to receive this award for the third year running.

“We consider this to be another very inspiring confirmation that our great team efforts to deliver outstanding risk-adjusted returns in the equity and credit markets domestically and internationally have been successful. Our impression is that our clients see it the same way.

“The Refinitiv Lipper Fund Award is generally seen as one of the fund industry’s most important and highly regarded awards.”

Erlend Lødemel, Mads Andreassen, Lasse Halvorsen, Asset Managers, Fondsfinans

Goldman Sachs

Thomas Koenig, Head of Asset Management Nordic Client Business, Goldman Sachs. Lipper Fund Award winners for Nordics

“At Goldman Sachs Asset Management, our clients are at the centre of everything we do. To best serve our clients’ diverse and evolving needs, we have built business to be global, broad and deep across asset classes, geographies and investment solutions.

“Having increased our local Nordic presence to include Copenhagen and Stockholm offices, we are very pleased about this award, as it proves that we are on the right course.

“Our product teams are always focused on delivering consistent and persistent outcomes for our clients. We are honoured to have their hard work and success recognised at this year’s Refinitiv Lipper Fund Awards, which have a strong reputation, particularly among professional investors and market experts.”

Thomas Koenig, Head of Asset Management Nordic Client Business, Goldman Sachs

IKC Capital

Lars Bredenberg, Portfolio Manager, IKC Capital. Lipper Fund Award winners for Nordics

“I am honoured that Refinitiv Lipper has once again recognised IKC Avkastningsfond for a consistently strong risk-adjusted performance; this time after a year with a global humanitarian crisis and a very challenging market environment.

“The award is another validation for clients that they can feel comfortable with the management of the fund during a time of uncertainty and volatility.

“The Refinitiv Lipper Fund Awards is one of the most recognised and highly valued awards in the fund management industry. Winning such a prestigious award in an intense competition is always rewarding.”

Lars Bredenberg, Portfolio Manager, IKC Capital

Janus Henderson Investors

Preben Oeye, Head of Nordics, Janus Henderson Investors. Lipper Fund Award winners for Nordics

“We are delighted to have been recognised by Refinitiv, with a number of awards highlighting our expertise across fixed income and equities.

“These awards demonstrate our commitment to delivering on our strategy of simple excellence by producing dependable investment outcomes for our clients.”

Preben Oeye, Head of Nordics, Janus Henderson Investors

Jupiter Asset Management

Magnus Jahnke, Head of Nordics, Jupiter Asset Management. Lipper Fund Award winners for Nordics

“We are honoured to receive this award and we are very pleased with the success of the Jupiter Financial Innovation fund.

“At Jupiter, we believe in the value of active minds. The global financial equities sector, to which this fund is designed to give investors a better way of allocating, is a good example of how an active approach can generate alpha.

“This high conviction fund has achieved this by investing in dynamic companies driving disruption and innovation in global FinTech and financial services.”

Magnus Jahnke, Head of Nordics, Jupiter Asset Management

Jyske Capital

Flemming Larsen, Senior Director, Head of Clients, Jyske Capital. Lipper Fund Award winners for Nordics

“As one of Denmark’s leading asset managers, Jyske Capital’s mission is to challenge and meet our clients’ ever-evolving requirements for discretionary managed portfolios. Our clients are our most important asset – we strive to demonstrate maximum team performance to ensure that the clients’ unconditional confidence in our capital management remains intact.

“We are truly delighted to have been recognised several times at the Refinitiv Lipper Fund Awards, including at this year’s awards.”

Flemming Larsen, Senior Director, Head of Clients, Jyske Capital

LocalTapiola Asset Management

Samu Anttila, CEO, LocalTapiola Asset Management. Lipper Fund Award winners for Nordics

“We are very proud to have won the Asset Class Group Award. We consider this an endorsement of our proven investment process.

“Experience, expertise and independent classifications make Refinitiv Lipper Fund Awards respected and appreciated by both our customers and the fund industry. To our customers, this award presents proof of our superior risk-adjusted returns within different fund categories.”

Samu Anttila, CEO, LocalTapiola Asset Management

Naventi

Filip Peiró, Partner and Head of Asset Management, Naventi. Lipper Fund Award winners for Nordics

“We are honoured to be recognised for our performance by the Refinitiv Lipper Fund Awards.

“Our aim at Naventi Fonder is to provide our customers with a competitive return by actively managing our funds with passion, sustainability, and responsibility.

“The award is an acknowledgment that the whole team’s work has been successful and has provided an outstanding outcome.”

Filip Peiró, Partner and Head of Asset Management, Naventi

ODIN Fonder

Odin Fonder. Lipper Fund Award winners for Nordics

“We are of course very honoured to receive such a prestigious award! And especially following such a dramatic year as 2020, which really tested the endurance and quality of our investments in ODIN Sverige.

“At ODIN, we have a very defined investment philosophy focusing on quality companies with proven and sustainable business models and strong growth prospects. Being invested in quality companies with very strong corporate cultures is always a great advantage. Especially in volatile markets such as last year’s where most of our holdings performed and adapted in an impressive way.

“We work hard to create superior results for the long-term. It is therefore very gratifying to receive such a respected award as Lipper – clearly proving that our investment model works well over the long-term.

“Winning an award is always very appreciated and the Lipper Fund Awards have been around for more than three decades, and our take is that the award reflects an objective assessment of fund performance. We hope it gives a signal of trust and that we have a strong risk-adjusted performance relative to our peers.”

Carolina Elvind, Analyst, Jonathan Schönbäck, Senior Portfolio Manager and Hans Christian Bratterud, Portfolio Manager, ODIN Fonder

PGIM Investments

Kimberly LaPointe, Executive Vice President, Head of PGIM Investments International, PGIM Investments. Lipper Fund Award winners for Nordics

“PGIM Investments is committed to delivering best-in-class investment solutions to help clients meet their goals through the expertise of PGIM’s specialised asset managers.

“We are honoured that Lipper has recognised the PGIM Jennison Emerging Markets Equity Fund for its outstanding 3-year track record. The fund is managed by Jennison Associates, a specialist in growth equity investing.

“Jennison’s philosophy is that durable alpha is generated through deep fundamental company research. Its teams of highly experienced investment professionals are dedicated to discovering the next generation of market leaders.

“At PGIM Investments, we pride ourselves on offering high-conviction investment ideas that translate into sustainable alpha for our clients, and we are delighted to have this performance recognised by the industry.”

Kimberly LaPointe, Executive Vice President, Head of PGIM Investments International, PGIM Investments

Swedbank Robur Fastighetsfond

Fredrik Mattsson, Fund Manager, Swedbank Robur Fastighetsfond. Lipper Fund Award winners for Nordics

“I am very glad and honoured to again win this prize.

“It feels like a testimony that my long-term and fundamentally driven investment process is delivering returns that are competitive in an international comparison. Finally, I would like to thank all unitholders for their trust and loyalty.”

Fredrik Mattsson, Fund Manager, Swedbank Robur Fastighetsfond

VAM

“VAM’s business has been built on a continuing pursuit of fund management excellence, combined with a first-class service to its clients. We are very honoured to be recognised at this year’s Refinitiv Lipper Fund Awards.”

Brendan Adams, Director VAM Funds (Lux), VAM

Vitruvius (Managed by Belgrave Capital Management Ltd.)

“Vitruvius SICAV is extremely pleased to receive the Refinitiv Lipper Fund Award Nordics for Best Greater China Equity Fund Over 5 Years, for Vitruvius Greater China. And is honoured that it follows being recognised by Refinitiv Lipper as Best Greater China Equity Fund Over 5 Years in Switzerland, Austria and Europe. 

“This result confirms that our approach continues to produce excellent results in identifying superior investment talent in Asia, as evidenced by our long-standing relationship with Greenwoods Asset Management, the advisor for the Vitruvius Greater China Equity portfolio.

“We wish to thank our Investors, our team and Refinitiv Lipper for their confidence and continued support.”

Mattia Nocera, Chief Investment Officer, Belgrave Capital Management Ltd. (Ceresio Investors)

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Refinitiv Lipper is the go-to resource for fund performance research, providing premium data, fund ratings, analytical tools, and global commentary through specialised products


Disclaimer:

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.