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AP3 signs contract with GES Investment Services

Stockholm 8 December 2006

Award of tender for ethical and environmental analysis including advice

Following the invitation to tender for ethical and environmental analysis including advice  (contract no. 2006/0153), the Third Swedish National Pension Fund (AP3) has accepted the tender offer of GES Investment Services.

The reasons for the award are as follows:
GES Investment Services’ tender was considered to be the most financially attractive. The company offers a comprehensive solution covering all the aspects specified in the tender:

  • High-quality analysis regarding compliance with conventions applicable to companies within the AP funds’ investment remit.
  • High-quality company analysis focused on ethical and environmental factors.
  • Advisory services and comprehensive support relating to discussions with companies on ethical and environmental issues.

GES Investment Services also meets the tender requirement of geographic proximity and ability to communicate in Swedish. The company’s comprehensive solution facilitates and provides flexibility in the funds’  ethical and environmental analysis and dialogue with companies on these issues.  The tender offer is also financially attractive.