Changes in Seligson & Co Fund Management Company
Seligson & Co Fund Management Company Plc has recently announced significant changes set to take effect on the last day of the year 2025. The adjustments involve a substantial expansion in the company's operations, particularly concerning its management of the OMX Helsinki 25 Exchange Traded Fund UCITS ETF.
Expansion into Alternative Funds
The Financial Supervisory Authority has granted the company a license to manage alternative investment funds. This development is crucial as it marks a strategic shift for Seligson & Co Fund Management Company. On December 31, 2025, a merger will occur between Seligson & Co Fund Management Company and LocalTapiola Alternative Investment Funds Ltd. This merger aims to streamline fund operations within the LocalTapiola Asset Management Group, centralizing various management roles. From that date on, Seligson & Co will manage all funds under its brand alongside those of LocalTapiola, effectively fortifying its position within the investment fund landscape.
New Leadership in the Board
As part of this transition, important changes will also happen at the governance level. On November 25, 2025, the sole shareholder of Seligson & Co Fund Management Company, LocalTapiola Asset Management Ltd, confirmed the election of Samu Anttila as the new Chairman of the Board of Directors. Additionally, Helena Arlander will join the Board, while Ari Kaaro and Mikko Vasko will continue their roles as Board members. This fresh leadership team aims to drive the company forward amidst these new developments.
Impact on the OMX Helsinki 25 Exchange Traded Fund
It is essential to note that these organizational changes will not negatively affect the Seligson & Co OMX Helsinki 25 Exchange Traded Fund or its unitholders. Stakeholders can expect that the transition will maintain service quality and investment performance. The direction taken by Seligson & Co demonstrates its commitment to adapting to the current financial landscape and enhancing its capabilities in fund management.
Contact Information
For further inquiries, stakeholders may contact:
Aleksi Härmä
Managing Director
Email: aleksi.harma@seligson.fi
Phone: +358 9 6817 8235
Frequently Asked Questions
What is changing in Seligson & Co Fund Management Company?
There will be an expansion into managing alternative funds and merging with LocalTapiola Alternative Investment Funds Ltd.
Who will be leading the Board after the changes?
Samu Anttila has been elected as Chairman, and Helena Arlander will join the Board.
Will the OMX Helsinki 25 ETF be affected by these changes?
No, the ETF and its unitholders will not be adversely impacted by these organizational changes.
When will these changes take effect?
All changes will be implemented on December 31, 2025.
How can I contact the Managing Director for more information?
You can reach Aleksi Härmä via email at aleksi.harma@seligson.fi or by phone at +358 9 6817 8235.