Financial Management
Asset Management
The Foundation’s Governing Board is responsible for managing the Foundation’s capital.
Investment philosophy
The long term goal is to create a real return of 3,5-4,5 % at a reasonable level of risk. According to its statutes, the Foundation is free to choose between gradually depleting the capital and only spending the return.
The Board has delegated matters relating to the direct control of management to a Asset Management Committee consisting of five members appointed by the Board. The Foundation has also one employee Portfolio Manager, who regularly works with asset management issues, as well as a Financial Manager to help the committee in its work.