Lannebo Fonder: GRC WATCH simplifies due diligence
Why did Lannebo Fonder select GRC WATCH for due diligence? Daniel Sundqvist, Head of Sales and Marketing at Lannebo Fonder shares his view:
“We are expanding globally and the number of distributors in different countries is growing. It’s a challenge to monitor all of them on a regular basis, and we realized we had to find a solution for that. Our distributors also started to intensify their due diligence on us around the time that MIFID II entered into force. This means that we are now monitoring each other, so we wanted to find a mutual platform where all of us can work together and perform due diligence in both directions.
An important factor behind our choice of GRC WATCH is that they are completely independent. All of our distributors can create a company profile on the platform with no conflicts of interest. They can share it with us and other fund companies at the same time. We also liked the fact that GRC WATCH is based on many years of experience related to this type of due diligence, and that is has a great understanding of the fund industry.”
About Lannebo: Lannebo Fonder is a Swedish fund company founded in 2000 by Anders Lannebo together with a group of portfolio managers from fund companies owned by leading banks in the Nordics. Lannebo has approximately 70 billion SEK in AUM across 16 funds and is expanding its fund distribution globally. Lannebo is completely independent, offering active management in certain areas where it possesses unique expertise. www.lannebofonder.se