Sections

Sweden's KPA Pension generates 8.2% investment return

Related images

  • Gothenburg, Sweden

Related Categories

Sweden’s public sector pensions provider KPA Pension saw contributions rise by more than one-quarter last year, while investments beat 2012’s performance with a return of 8.2%.

The local government pensions subsidiary of insurance group Folksam reported premium income of SEK9.9bn (€1.1bn) in 2013, up 28% from the year before.

KPA Pension said: “The strong increase is due to the fact more people, either actively or by default option, chose KPA Pension as their occupational pension company within the KAP-KL agreement, as well as an increase in redemptions business.”

The firm reported a total return for 2013 of 8.2%, up from 2012’s 7.2%.

Its solvency level increased to 172% in 2013 from 150% in 2012, the company said.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2563

    Asset class: Mid & Small Cap Equities.
    Asset region: Global.
    Size: USD $130m.
    Closing date: 2019-09-27.

  • QN-2564

    Asset class: Large Cap Growth Equities.
    Asset region: Global Developed Markets.
    Size: USD $130m.
    Closing date: 2019-10-04.

  • DS-2567

    Closing date: 2019-10-02.

  • QN-2569

    Asset class: Local Currency Bonds.
    Asset region: Global Emerging Markets.
    Size: $500m.
    Closing date: 2019-10-10.

Begin Your Search Here
<