Alecta and Afa invest in new social bond

The occupational pension giant and insurance company are investing in social bond guaranteed by Sweden’s government agency for development, Sida.

Photo: PR: UN

Two large Swedish institutional investors, occupational pension company Alecta and insurance company Afa Försäkring, are the sole investors in a new USD 150m social bond that will provide loans to projects in Africa, Latin America and Asia.

The bond is guaranteed by the Swedish government agency for global development, Sida, which means it will cover 25 percent of any overall loss over the bond's five-and-a-half-year duration.

Read the whole article

Get 14 days free access.
No credit card required.

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

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch