External assets under management at KLP Kapitalforvaltning grew by 8.2 percent in Q1

The asset management arm at Norway's biggest pension group saw a continued increase in external assets under management, while the total AUM only increased slightly. 

KLP's headquarters in Oslo. | Photo: PR/KLP

Assets under management at KLP Kapitalforvaltning increased by 1 percent or NOK 6.1bn (EUR 607m) to NOK 602.4bn (EUR 59.9bn).

External assets under management increased by 8.2 percent or NOK 8.4bn (EUR 836m) to NOK 111.8bn (EUR 11.1bn). Compared to Q1 2020, the external AUM has grown by 50 percent.

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