AMWatch

KLP boosts sustainable investments; posts moderate H1 return

Norway's KLP has delivered a return of 2.3 percent in the first six months of 2018. The pension provider spent the period building up its investments in climate-friendly assets and launched the country's first Swan-labeled equity fund.

Sverre Thornes, CEO at KLP. | Photo: PR:KLP

Norwegian municipal pensions provider KLP reported a return of 2.3 percent in the first six months of 2018, with investments in real estate and its portfolio of bonds that are held to maturity contributing positively to the result.

Real estate made a 4.3 percent return in the second quarter of this year, and the asset class -- which consists almost entirely of properties based in Norway, Sweden and Denmark -- now amounts to 13 percent of KLP's main collective portfolio

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Norway has the fastest growing investment fund market in Europe

So far in 2021, Norway has experienced massive inflows to its investment fund markets, beating former records. The pandemic and different government initiatives have resulted in an increased savings rate. Data also show that market shares are shifting among Norwegian fund managers.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch