The Folksam Group, including KPA Pension, has invested SEK 370m into a new social bond from the European Investment Bank (EIB).
Social bonds are funds earmarked to finance projects with positive social impacts, with this investment, among other things, expected to contribute to projects to increase gender equality.
“Gender equality is an important issue for the Folksam Group,” Folksam Group head of asset management and sustainability, Marcus Blomberg, said. “Increased gender equality creates the conditions for long-term sustainable growth and reduced violence in relationships. In other words, it is a central issue for people's safety.”
The specific distribution of the investment in kronor is: KPA Occupational pension insurance, SEK 162m, Folksam Life SEK 78m, Folksam Occupational Pension SEK 62m, Folksam Property SEK 48m, while the Consumer Cooperative's Pension Foundation invested SEK 20m.
Latest News
-
Swedish retirees' purchasing power fails to increase for first time since 2018
-
Finns receiving partial old-age pension increases by 10,000
-
UK pension providers back push for UK growth with Mansion House Accord
-
KPA Pension invests in EIB social bond
-
TKP stands by theoretical method for determining pension protection yield
-
Sweden’s SH Pension partners with Säkra to expand mediated business
Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda
Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories