TAALERI PLC PRESS RELEASE 13 June 2018 09:00 EET
Taaleri and Savings Banks Group to start product collaboration
Taaleri and the Savings Banks Group have signed an agreement to start product collaboration. The first agreement-based investment solution is targeted to be launched by the end of 2018. Sp Fund Management Company Ltd will be responsible for managing the special investment fund that will be built around an environmental theme. A significant share of the fund’s capital will be invested in the fund shares of alternative investment funds managed by Taaleri Private Equity Funds Ltd.
The goal of the collaboration is to advance the business of Taaleri and the Savings Banks Group by offering customers interesting and competitive products and services. This collaboration will also be developed in the future.
“We see the product collaboration with the Savings Banks Group as offering interesting opportunities for both parties to grow business,” says Samu Lang , Director, Wealth Management segment, Taaleri Oyj. “With our private equity funds we are creating new kinds of investment opportunities, we are building Finnish society, and we are creating new jobs. With this collaboration we want to help Finns to see the benefits of ownership and to find their own responsible way to be owners. After all, ownership is for everyone,” emphasizes Ari Metso , Managing Director, Taaleri Private Equity Funds Ltd.
“As Savings Banks employees, we have an important mission – we promote the financial prosperity of our customers. Our basic mission has remained the same for already close to 200 years. We are known for our customer-centricity, our expertise in finances, and the best service in Finland. Collaboration with Taaleri feels natural because we want to offer our customers a wide range of opportunities to prosper,” says Petteri Vaarnanen , CEO, Sp Fund Management Company Ltd.
The Savings Banks Group is comprised of 23 local Savings Banks and the Savings Bank Centre in Vallila, Helsinki. The Savings Bank Centre also includes, among others, Sp Fund Management Company Ltd, which offers investment fund and wealth management services. The Savings Banks have close to half a million customers.
Information about the Savings Banks Group: Savings Banks Group enhances the financial welfare of individuals and societies. We want to be known for our bravery and expertise and for our passion for excellent customer service. Savings Banks Group covers 23 local Savings Banks and the Savings Banks Centre, which is located in Vallila, Helsinki. We offer our customers a wide variety of retail banking services as well as investment, real estate and insurance services. www.säästöpankki.fi.
Taaleri Communications
Additional information:
Samu Lang, Director, Wealth Management segment, Taaleri Plc, + 358 50 422 6334, samu.lang @taaleri.com
Ari Metso, Managing Director Oy, Taaleri Private Equity Funds Ltd+ 358 45 123 6890 , ari.metso@taaleri.com
Petteri Vaarnanen, CEO, Sp Fund Management Company Ltd, +358 40 721 8779, petteri.vaarnanen@saastopankki.fi
Taaleri in brief
Taaleri is a Finnish financial service company, whose parent company Taaleri Plc is listed on Nasdaq Helsinki's main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. Taaleri provides services to institutional investors, companies and private individuals. The Group’s operational subsidiaries are: Taaleri Wealth Management Ltd and its subsidiaries, Taaleri Private Equity Funds Group, Taaleri Investments Group, Taaleri Energia Oy Group and Garantia Insurance Company Ltd. In addition, Taaleri has associated companies Fellow Finance Plc, which offers peer-to-peer lending services and Ficolo Oy developing data centers.
At the end of December 2017, Taaleri had assets under management totaling 5.6 billion euro and 4,400 wealth management customers. Taaleri Plc has some 3,900 shareholders. Taaleri's operations are supervised by the Finnish Financial Supervisory Authority.
More information about our company and services:
www.taaleri.com/en www.fellowfinance.fi/en www.garantia.fi/en
Sophie Jolly, Head of Communications and IR, sophie.jolly@taaleri.com, tel. +358 40 828 7317
