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General
CB Asset Management was established in 1994 upon licensing from Finansinspektionen (FI), the Swedish Financial Supervisory Authority (Swedish FSA), for management of equity portfolios. The company manages three funds: European Quality Fund, CB Hedge Europe and Save Earth Fund. The three funds are managed by Carl Bernadotte, Stefan Karlsson, Marcus Grimfors and Alexander Jansson, and are administered by SEB or Caceis in Luxemburg. This means that CB Asset is responsible only for the management of the funds, while the fund administrators are responsible for all the deposits/withdrawals of the funds, daily valuation, shareholder registry etc.

The Swedish FSA
The Swedish FSA is a public authority that is responsible for supervising companies in the insurance, credit and securities markets. Their overall objective is to contribute to the stability and efficiency of the financial sector in Sweden, and to promote satisfactory consumer protection.
The FSA examines the risks and control systems in financial companies and they supervise compliance with statutes, ordinances and other regulations. Operations that involve offering financial services require a permit granted by the FSA. They also issue regulations and general guidelines and asses whether existing legislation needs to be amended. Link to the Swedish FSA homepage

Ambition
Private as well as institutional investors seek a return on their investments. That is the foundation of all investment theory and practice. Therefore, our ambition for the fund management is to generate an absolute return, while being competitive in relation to the relevant index. The strategy is to have a long investment horizon towards companies and funds that are estimated to have the ability to deliver stable profit growth also during recession.

The Board
- Jan Malmgren, Director of the Board – Financial consultant
- Carl Bernadotte – CEO, CB Asset Management AB.
- Nils Bildt - CEO, Teleopti AB
- Per-Otto Hyland - Senior Advisor, Credit Suisse
- Christoffer Saidac – Lawyer and partner, Law firm Vinge.

Auditor
Johan Pharmanson
BDO Feinstein International S.A.
P.O Box 24193
SE-104 51  STOCKHOLM

 
 
Performance (%)

2010-09-06
 
NAV
MTD
YTD
CBH
93.60
-0.4
+19.1
 
EQF
68.24
+2.8
+16.3
MSCI Europe
+3.8
+5.0
 
SEF
 9.63
+1.6
+1.8
MSCI World
+3.8
+9.9
 
 
 


2010-07-30
 
NAV
July
YTD
CBT*
10.3
-2.8
+9.2
Latest monthly report
 *simulated portfolio, monthly NAV
 




© 2010 CB Asset Management AB    Nybrokajen 7, SE-111 48 Stockholm    +46 (0)8 566 133 10    info@cbasset.se