SEB Asset Management is part of SEB (Skandinaviska Enskilda Banken AB), one of Europe s leading banks. Its success builds on innovative thinking, an international presence and strong, long-term financial relationships. SEB was founded in 1856 and is now one of Northern Europe s leading financial groups. The group provides specialist expertise within all financial areas. It has over 20,000 employees in 20 countries and have more than 630 branch offices of which almost one-third are located in Sweden, another third in Germany and the rest in Estonia, Latvia, Lithuania, Russia and the Ukraine. SEB's main focus is on Northern Europe, but it has offices in the world s important financial centres, from Paris to New York and Shanghai. The bank's customers include more than 2,500 large companies and institutions, 400,000 small and medium-sized companies as well as 5 million private individuals. It leads within a number of areas including cash management, foreign exchange trading, security trading, asset management and private banking. The bank is also one of the largest brokers on the Stockholm Stock Exchange and the third largest in both Copenhagen and Oslo. SEB Asset Management has a location in the United States, Stamford, Conn.