Swedish SEB looks to increase distribution of competitors' funds

Stockholm-based SEB, one of Sweden's leading financial services groups, plans to increase its focus on third-party distribution of mutual funds in Sweden and has recently formed a team to monitor external funds.

Fleming Carlborg, head of retail distribution at SEB, said: 'We have been doing third-party distribution for 18 months but we are now looking to add further funds to our selection.'

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