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Folksam's green bond portfolio grows to six percent of AUM

Swedish insurance group Folksam reached its target of investing EUR 2.39bn in green bonds last year.

Jens Henriksson, CEO of Folksam Group | Photo: PR Folksam

Assets under management at Sweden's Folksam Group increased to EUR 38.7bn over the last year from EUR 37.7bn in 2017, the group reports.

Return at the group's pensions arm KPA Pension reached EUR 16.5bn and yielded a return of 0.5 percent. In the autumn, the group reached its target of having allocated at least SEK 25bn (EUR 2.39bn) in green bonds.

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