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COPYRIGHT 2005 Euromoney Institutional Investor PLC. Internal use only 10 copy limit. No further use w/o permission. Publisher@euromoneyplc.com.
Sweden's second largest online trading platform Avanza is forming special partnerships with its providers, adding new managers and getting into the pensions business. The idea is to grow its business by 20-30% annually by focusing exclusively on the home market. The platform, which has SEK16 billion (US$2.3 billion) in assets under administration, plans to garner an additional SEK3 billion by the end of this year, said Claes Hemberg, communications officer.
Sweden is the biggest market in...
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