OMHEX, the Nordic exchange and trading technology group formerly known as OM, has divested its Performance Measurement and Fund Report services in Finland. Through its HEX Integrated Markets division OMHEX will, however, continue to maintain and market the Mutual Fund List, a service for information about the mutual funds registered in Finland. The divestment transaction was now completed through a management buy-out (MBO).
OMHEX says the sale will have a marginal impact on OMHEX revenues. The MBO means that the existing contracts and responsibility for the existing client base have been sold to people formerly responsible for these services anyway. The new company will continue to offer clients an uninterrupted service under the name Sijoitustutkimus Oy, with three employees.