TIN Fonder today welcomes Tomas Lundmark to the business. Tomas has extensive experience in distribution and sales of financial products, most recently at Danske Bank and Swedbank. He also brings with him experience from time as head of a fund platform in Luxembourg.
“We are stoked to welcome Tomas Lundmark to TIN. He will make a strong contribution to the structural capital we build in the company’s long-term journey. Not least in distribution, where we will have even better opportunities to keep in touch with everyone who has invested in the fund,” says Erik Sprinchorn.
“We started the Core Ny Teknik fund on February 4 and have had a very successful start, with over 50,000 customers and a managed capital well over two billion. Returns have also been good, up 17% since inception. Six months later, we are taking another big step as we reunite with Tomas.” says Carl Armfelt
“It will be great fun to work with Erik and Carl again. The fund has an attractive focus and the management works well. I look forward to my new assignment and to continuing to deliver good customer care, comfort and returns to all our 50,000 customers and partners.” says Tomas Lundmark
TIN Fonder has also submitted to Swedish FSA (Finansinspektionen) an application for permission to conduct fund operations on its own. Pending approval Tomas will also become CEO of the fund company.
TIN Fonder was started in 2019 by the portfolio managers Carl Armfelt and Erik Sprinchorn. They both have long experience of fund management and have previously worked together on, among others, Brummer & Partners and Swedbank Robur. The vision is for profitable innovative companies to be at the heart of long-term savings.
About Core New Technology
The objective of the fund is to achieve long-term performance by investing in small and midcap companies focused on technology and innovation. The fund primarily invests in the Nordics. The mainly invests in software, health and digital brands and the fund is looking for companies with strong cash flows and good profitability.