KLP's equity and alternative investments portfolio, including equity derivatives, yielded an 8.9 percent return in first quarter. The global equity portfolio generated 11.3 percent, while the Norwegian equity portfolio gave a return of 8.5 percent. These assets’ relative share of the portfolio grew by 1.3 percentage points to 23.6 percent.
This result brings assets under management close to a NOK 700bn line. As a result of the Q1 result, KLP's is NOK 2.2bn higher than the company guaranteed its customers.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.