EVLI BANK PLC PRESS RELEASE JULY 10, 2018 AT 10.00 A.M.
Once again first place in portfolio management competence, track record and responsible investments (ESG)
For the fourth consecutive year, Evli was ranked as the best institutional asset manager in the recent KANTAR SIFO Prospera "External Asset Management Finland 2018" -survey. Evli's overall performance score was 4.26 (scale 1-5), which was calculated by using 12 quality criteria. Compared to 2017, the quality scores provided by customers improved most for Evli in comparison with the other asset management companies.
TOP 3 asset managers and their overall performance scores (scale 1-5):
1. Evli 4.26
2. eQ 4.04
3. Aktia 3.89
Evli was placed first overall in 10 different quality criteria, including portfolio management competence, track record, product quality, sales competence and responsible investments (ESG). In addition to this, Evli's brand strength was assed as the strongest in asset management services in Finland.
Evli was the most widely used institutional asset manager in Finland among the 14 asset management companies. Over 57 percent of the respondents use Evli's asset management services.
"We highly appreciate the recognition we receive from our customers. We have been working purposefully towards developing our services and it is gratifying to see that we are able to keep our position as the best asset management. I am very pleased that Evli's institutional clients have great confidence in our portfolio management competence and expertise in mutual funds", Evli Bank's CEO Maunu Lehtimäki comments on the survey results.
In the 2018 survey conducted by KANTAR SIFO Prospera, Finnish institutional investors assessed the quality of 14 asset managers based on 12 quality criteria. The respondents viewed the most important criteria in selecting an asset manager to be portfolio management competence, track record, competitive fees and product quality. Survey respondents included insurance companies, pension institutions, endownments and foundations, cities and municipalities, parish unions, universities and other institutional investors.
Further information:
Janne Lassila, Director, Evli Bank tel. +358 9 4766 9142, janne.lassila@evli.com
Timo Hovi, Director, Evli Bank tel. +358 9 4766 9306, timo.hovi@evli.com
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, equity 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 11.4 billion in client assets under management (net 3/2018). The Evli Group's equity capital totals EUR 65.9 million and its BIS capital adequacy ratio is 15.4 percent (March 31, 2018). The company has more than 200 employees. Evli Bank Plc's B shares are listed on Nasdaq Helsinki Ltd.
*KANTAR SIFO Prospera External Asset Management Finland 2018, SFR Scandinavian Financial Research Institutional Investment Services, Finland 2017 (shared first place).
Distribution: main media, www.evli.com