EVLI BANK PLC PRESS RELEASE - OCTOBER 27, 2017 AT 10.00 AM
Evli received particular praise in investment performance, stability and resources as well as responsible investments (ESG).
For the third consecutive year, Evli was ranked as the best institutional asset manager in the recent SFR Scandinavian Financial Research "Institutional Investment Services, Finland 2017" -survey (tied # 1), and received the "Platinum Award" for excellence in investment services. The result was calculated by using 11 quality criteria. Evli received particular praise relative to its competitors in investment performance, stability and resources as well as responsible investments (ESG).
Evli was also the most widely used institutional asset manager among the 16 asset management companies. 59 percent of the respondents use Evli's asset management services.
Retaining the best ranking for the third year in a row and again receiving the "Platimun Award" implies that the demanding and professional institutional investors appreciate Evli's investment and service expertise. Evli's investment performance, stability and resources as well as our efforts in the field of responsible investments (ESG) received praise. We will continue the active development of our asset management and fund services based on the needs of our customers", Evli Bank's CEO Maunu Lehtimäki comments on the survey results.
In the 2017 survey conducted by SFR, Finnish institutional investors assessed the quality of 16 asset managers based on 11 quality criteria. The respondents viewed the most important criteria in selecting an asset manager to be investment performance (3 years), clarity of the investment process and competitive pricing. Survey respondents included insurance companies, pension institutions, endowments and foundations, cities and municipalities, parish unions and other institutional investors.
Further information:
Janne Lassila, Director, Evli Bank tel. +358 9 4766 9142
Timo Hovi, Director, Evli Bank tel. +358 9 4766 9306
Evli Bank Plc
Evli is a bank specialized in investments that helps institutions, corporations and private persons increase their wealth. The product and service offering includes mutual funds, asset management and capital markets services, alternative investment products, investment research, administration of incentive programs and Corporate Finance services. The company also offers banking services that support clients' investment operations. Evli is the highest ranked and most used institutional asset manager in Finland*.
Evli has a total of EUR 11.1 billion in client assets under management (net 9/2017). The Evli Group's equity capital totals EUR 66,5 million and its BIS capital adequacy ratio is 14.1 percent (September 30, 2017). The company has more than 200 employees. Evli Bank Plc's B shares are listed on Nasdaq Helsinki Ltd.
* TNS Sifo Prospera External Asset Management Finland 2017, SFR Scandinavian Financial Research "Institutional Investment Services, Finland 2017"
Distribution: Main media, www.evli.com