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KLP Kapitalforvaltning saw net outflows from mutual funds at pension company in Q3

During the third quarter, the asset management arm of Norway's largest pension company experienced a net outflow from the mutual funds, that its managing for its parent company, Kommunal Landspensjonskasse (KLP). Net inflows from external customers fell compared to the second quarter. (corrected)

The KLP headquarters in Oslo. | Photo: PR/KLP

(corrected at Friday 14:50: It's now stated clearly in the header and the subheader that the net outflow in Q3 is from mutual funds that KLP Kapitalforvaltning is managing for KLP)

KLP Kapitalforvaltning, the asset management arm of Norway's largest pension company, grew by 3.2 percent or NOK 20.4bn (EUR 2.1bn) to NOK 648bn (EUR 65.4bn) in the third quarter.

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