Fund management margins remain under pressure. In Sweden, fees are the lowest in Europe, which pushes for further consolidation in the market, Swedish news site Realtid.se reports.

"Management fees remain under pressure, and the fees in Sweden are the lowest in all of Europe. This is partly due to an increased transparency and the Swedes understanding the significance of the fees. Partly, it also owes to an increased interest in cheaper index products," Partner and FS Assurance Leader at PWC in Sweden Peter Nilsson tells Realtid.se.