Lannebo Fonder: GRC WATCH simplifies due diligence in both directions

Why did Lannebo Fonder select GRC Watch for due diligence? In today’s post, we are happy to share a review by Daniel Sundqvist, Head of Sales and Marketing at Lannebo Fonder: 

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 have also started to intensify their due diligence on us around the time when MIFID II entered into force. This means that we are now monitoring each other and we wanted to find a mutual platform where all of us can work together and perform due diligence in both directions.

An important factor why we chose GRC WATCH is that they are completely independent. All of our distributors can create a company profile in the platform with no conflicts of interests. 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 have 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 in 16 funds and they are expanding globally with their distribution of funds. Lannebo is completely independent and offer active management in certain areas where they have a unique expertise.