Carnegie's array of asset management and private banking products and services includes discretionary managed portfolios for institutions and private clients, mutual funds targeted at institutions, private clients and retail investors, as well as private banking and pension consulting services. Carnegie's asset management services are available throughout the Nordic region and in Luxembourg. Total assets under management, primarily equities, were approximately SEK 73 billion as of 30 June 2002.

Carnegie's Securities business focuses on Nordic equities. Securities encompasses research, sales, sales trading, market making and proprietary trading of equity securities and related products. Securities has operations in Denmark, Finland, Norway and Sweden, as well as sales and sales trading operations in London and New York.

Carnegie's Investment Banking business provides a wide range of services, primarily in the areas of equity capital markets services, mergers and acquisitions and structured finance. Carnegie serves companies headquartered in the Nordic region with respect to both Nordic and global transactions, as well as international companies in their Nordic endeavors. Carnegie's investment banking activities focus on transactions in Denmark, Finland, Norway and Sweden.

Our history
Our history started in the 1700s when the Scottish nobleman George Carnegie arrived in Sweden. His son, David Carnegie, founded the company of D. Carnegie & Co in 1803, along with his partner. They developed D. Carnegie & Co into one of Gothenburg's largest shipping and trading companies. Later sugar and porter became important for the company.

In the middle of the 20th century Oscar Ekman decided to move into finance and one part of the company, a bank called Langenskiöld, which had been acquired during the 1930s, changed its name to Carnegie. Subsequently Carnegie's securities trading activies was sold to PKbanken.

In the middle of the 1980s the financial market was deregulated and Carnegie over the time expanded in the Nordic countries, southern Europe, Luxembourg, London and New York. Between 1996 and 1997 the southern European holdings were sold to focus the group on Carnegie's current strategy - to be the leading Nordic investment bank.

Carnegie's current direction, with its focus on the Nordic countries, began at the end of 1994 when Singer & Friedlander, an English merchant bank, acquired 55 percent of Carnegie and Carnegie's employees bought the remaining 45 percent.

Carnegie was listed on the O-list of the Stockholm Stock Exchange on 1 June 2001 through an initial public offering to institutional and private investors.

For more information about Carnegie www.carnegie.fi