CFA Society Sweden is pleased to announce that Linköping University Team H has won the Swedish CFA Research Challenge 2026. The winning team members, including Filip Nordlander, Hannes Hjert, Hugo Striem, Jesper Nygård and Olof Sundblad have delivered a written hold recommendation on Hemnet AB and presented it to a panel of distinguished graders and judges from the investment community. The winning team was mentored by Fredrik Nilsson, CFA and had guidance from their faculty advisor Öystein Fredriksen, Senior Lecturer in Economy and Katarina Eriksson, Associate Professor.
This year’s CFA Research Challenge was hosted by Joakim Jerner, CFA, Vice President of CFA Society Sweden and Sebastian Haq, CFA, Treasurer of CFA Society Sweden. The Board of CFA Society Sweden would like to thank all the volunteers and sponsors that made this year’s competition a great success:
• Mentors: Alf Riple, Carlos Guevara Härkönen, CFA, Erik Cederberg, Erick Mokaya, CFA, Fredrik Nilsson, CFA, Marcela Klang, Mark H. Shay, CFA, Peder Du Rietz, CFA, Rawand Sultani, CFA, Renato E. Rios, Simon Sidmalm, Tanja R Harrison, CFA and Xuli Qian, CFA.
• Graders: Alexander Richard William Richt, CFA, Aline Reichenberg Gustafsson, CFA, Anders G., Arash Yari, CFA, Mats Waldemarsson, CFA and Oleg Pavlovskyy.
• Judges: Alexandra Voss, CFA, Georg Attling and Per Haldén, CFA
Finally, we would like to thank all the students who took part in this competition.
We also extend our appreciation to this year’s partners, Quartr, FactSet and Fiscal AI for equipping students with valuable tools and providing a truly hands-on learning experience in real-world market analysis.
The following Swedish universities were represented in the CFA Institute Research Challenge:
• KTH
• Linköping University
• Stockholm University
• Stockholm School of Economics
• University West
• University of Gothenburg
• Umeå University
About the CFA Institute Research Challenge
The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis and professional ethics. The students are tested on their analytic, valuation, report writing, and presentation skills. They gain real-world experience as they assume the role of a research analyst. www.cfainstitute.org/researchchallenge.


