News in brief: 20 February

- The Dutch pension fund ABP has partnered with Vesteda to build affordable rental properties in the Netherlands, aimed at people on middle incomes.

With an initial investment of €400m, ABP and Vesteda plan to build more than 1,100 rental homes in the coming years. At least half of these homes will fall within the mid-rent segment, in accordance with the rules of the Affordable Rent Act. The new rental properties will be built sustainably. ABP chairman, Harmen van Wijnen, said: "This new collaboration represents another important step in ABP's long-term strategy. By joining forces with Vesteda once again, we can realise projects that not only contribute to solving the housing shortage, but also generate stable returns in the long term."

- Sweden’s Skandia is launching a new index-linked equity fund focusing on Swedish small and medium-sized companies.

The fund complements Skandia's index-linked offering and is managed according to the same model as other index-linked funds, with a focus on cost-effective index-linked management and sustainability commitment. The new fund, Skandia Småbolag Sverige Exponering, is a Swedish-registered equity fund that invests broadly in small and medium-sized companies on the Stockholm Stock Exchange without any particular industry restrictions.

- The Swedish Fund Selection Agency (FTN) has announced the date it will reveal the award decision in its procurement of global equity funds.

FTN will announce its decision on 24 February at 08:30 CET. In connection with the award decision, a digital information session (in English) will be held on the same day with FTN executive director, Erik Fransson, and FTN head of communication, Viktor Ström, where there will also be an opportunity to ask questions.



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