Press Release
Universal Investment Group signs agreement with Advisense to acquire FCG Fonder AB, strengthening presence in the Nordic region
Date:
22. January 2026
Frankfurt/Stockholm
- Universal Investment Group to boost Nordic operations with acquisition of FCG Fonder AB, a leading Swedish third-party ManCo and fund administration services provider
- FCG Fonder AB brings around EUR 4.6 billion in assets under administration and a team of market-leading fund experts to Universal Investment Group
- Acquisition accelerates Universal Investment’s growth strategy as Europe’s leading third-party ManCo and fund services provider and underscores the Group’s commitment to its Nordic clients and the broader Nordic market
- FCG Fonder AB brings around EUR 4.6 billion in assets under administration and a team of market-leading fund experts to Universal Investment Group
- Acquisition accelerates Universal Investment’s growth strategy as Europe’s leading third-party ManCo and fund services provider and underscores the Group’s commitment to its Nordic clients and the broader Nordic market
Universal Investment Group and the sole shareholder of FCG Fonder AB, Advisense Group AB, today jointly announce that they have signed an agreement, subject to approval by the Swedish regulatory authority Finansinspektionen, for the acquisition of FCG Fonder AB by Universal Investment Group.
FCG Fonder is a leading Swedish provider of third-party management company (ManCo) and fund administration services with EUR 4.6 billion in assets under administration. Established in 2014, the company operates from Stockholm and is considered a premier fund services provider to UCITS and special funds vehicles (Specialfonder), supporting both asset managers and institutional investors across the Nordics.
Universal Investment Group, Europe’s leading third-party ManCo and fund services provider, overseeing more than EUR 1.4 trillion in assets under administration, has been actively expanding its presence in the Nordics since opening its Swedish office in Stockholm in 2022. The acquisition of FCG Fonder further accelerates this strategy, broadening the Group’s local expertise and service offering for Nordic clients, adding a fully licensed Swedish management company with around 50 Sweden-domiciled funds across equity and fixed-income investment strategies.
The transaction forms part of Universal Investment Group’s ongoing growth trajectory, which includes both organic development and targeted acquisitions – most recently the opening of its Singapore office in October 2025. Integrating FCG Fonder into Universal Investment will enhance its ability to support clients through a scalable, future-proofed platform, providing them with access to a cross-border distribution network, multi-jurisdictional ManCo capabilities, and an enhanced alternatives and real assets offering.
Francesca McDonagh, Chief Executive Officer of Universal Investment Group, said: “This acquisition represents a significant milestone in the expansion of our Nordic platform and underscores our commitment to our Nordic clients. FCG Fonder has built an excellent reputation in Sweden, and its expertise aligns directly with our purpose to deliver best-in-class fund services and trusted partnerships in Europe and beyond. With FCG Fonder’s Swedish ManCo capabilities and impressive client book, we are ideally positioned to continue to support Nordic asset managers and institutional investors who want to scale across Europe without building their own infrastructure.”
Christine Ehnström, Group Chief Executive Officer of Advisense, said: “We are proud and pleased with what FCG Fonder has achieved and its performance. FCG Fonder has built a strong position in the Nordic fund market and is ready for its next stage of growth. We believe that Universal Investment Group, with its dedicated focus on fund services, is the right owner to support this journey. The transaction enables Advisense to even further sharpen our focus on our advisory business.”
Johan Schagerström, Chief Executive Officer of FCG Fonder AB, added: “Joining Universal Investment Group marks an exciting new chapter for FCG Fonder. We have built our business on deep subject-matter expertise and trusted client relationships, and we are proud of our strong presence in the Nordics. Becoming part of Europe’s leading third-party ManCo and fund services provider will allow us to broaden our offering and bring even greater value to our clients.” The transaction is expected to close in the first half of 2026, subject to approval by the Swedish regulatory authority (Finansinspektionen) and customary closing conditions.
FCG Fonder is a leading Swedish provider of third-party management company (ManCo) and fund administration services with EUR 4.6 billion in assets under administration. Established in 2014, the company operates from Stockholm and is considered a premier fund services provider to UCITS and special funds vehicles (Specialfonder), supporting both asset managers and institutional investors across the Nordics.
Universal Investment Group, Europe’s leading third-party ManCo and fund services provider, overseeing more than EUR 1.4 trillion in assets under administration, has been actively expanding its presence in the Nordics since opening its Swedish office in Stockholm in 2022. The acquisition of FCG Fonder further accelerates this strategy, broadening the Group’s local expertise and service offering for Nordic clients, adding a fully licensed Swedish management company with around 50 Sweden-domiciled funds across equity and fixed-income investment strategies.
The transaction forms part of Universal Investment Group’s ongoing growth trajectory, which includes both organic development and targeted acquisitions – most recently the opening of its Singapore office in October 2025. Integrating FCG Fonder into Universal Investment will enhance its ability to support clients through a scalable, future-proofed platform, providing them with access to a cross-border distribution network, multi-jurisdictional ManCo capabilities, and an enhanced alternatives and real assets offering.
Francesca McDonagh, Chief Executive Officer of Universal Investment Group, said: “This acquisition represents a significant milestone in the expansion of our Nordic platform and underscores our commitment to our Nordic clients. FCG Fonder has built an excellent reputation in Sweden, and its expertise aligns directly with our purpose to deliver best-in-class fund services and trusted partnerships in Europe and beyond. With FCG Fonder’s Swedish ManCo capabilities and impressive client book, we are ideally positioned to continue to support Nordic asset managers and institutional investors who want to scale across Europe without building their own infrastructure.”
Christine Ehnström, Group Chief Executive Officer of Advisense, said: “We are proud and pleased with what FCG Fonder has achieved and its performance. FCG Fonder has built a strong position in the Nordic fund market and is ready for its next stage of growth. We believe that Universal Investment Group, with its dedicated focus on fund services, is the right owner to support this journey. The transaction enables Advisense to even further sharpen our focus on our advisory business.”
Johan Schagerström, Chief Executive Officer of FCG Fonder AB, added: “Joining Universal Investment Group marks an exciting new chapter for FCG Fonder. We have built our business on deep subject-matter expertise and trusted client relationships, and we are proud of our strong presence in the Nordics. Becoming part of Europe’s leading third-party ManCo and fund services provider will allow us to broaden our offering and bring even greater value to our clients.” The transaction is expected to close in the first half of 2026, subject to approval by the Swedish regulatory authority (Finansinspektionen) and customary closing conditions.
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