Morningstar, a fund research firm, has again awarded Evli Fund Management Company as the best fund house in Finland in its annual Morningstar Awards. This is the second consecutive win for Evli.
"We are an active fund manager, and our goal is to deliver long-term value to our clients. The fact that we have once again received this award from Morningstar shows that we have succeeded in doing so," says Kim Pessala, CEO of Evli Fund Management Company.
Evli has been recognised for its funds and fund management for several years now. In 2020, Morningstar awarded Evli as the best fund house in Sweden. This year, Evli is nominated for the same award in Sweden. 2023 Morningstar awarded Evli as the best fund house in Finland. 2023 Evli was also awarded as the best Nordic fund house by Lipper Fund Awards in the category small fund companies.
Evli was also successful in other categories in this year's Finnish Morningstar Awards. Evli Fund Management Company was ranked in the top three in the Finnish equities category with Evli Finnish Small Cap B and in the European fixed income category with Evli Global Bond B.
Leading Nordic asset manager
Evli was ranked the third largest fund management company in Finland last year in the fund comparison by Investment Research Finland and continues to hold this position. In 2023, Evli collected the second highest number of fund subscriptions in Finland and the combined assets of the traditional investment funds managed by Evli Fund Management Company increased by 15 percent to EUR 10 billion. Around one third of this was invested in equity funds and two thirds in fixed income funds.
"In Finland, Evli has a leading market position in asset management and funds. We are now well on the way to establishing a strong position in Sweden, thus strengthening our position as the leading asset manager in the Nordic region," says Pessala.
The Morningstar Awards rank funds using both quantitative and qualitative tools. In the first stage, funds are scored according to how well they have performed in their fund category on 1, 3 and 5-year return and 3 and 5-year risk metrics.
For more information:
Kim Pessala, CEO, Evli Fund Management Company Ltd, tel: +358 40 523 3797, kim.pessala@evli.com
1 Morningstar Awards 2024 (c). Morningstar, Inc. All Rights Reserved. Awarded to Evli for Best Fund House in Finland.
