Nordic region: Pensions and Investment News and Analysis
Latest news and analysis of pensions, asset management, regulation and trends in the Nordic Region from our award-winning journalists.
Pension Funds in the Nordic Region - Country Report
Nordic Region Report 2024: Denmark’s government urges pension funds to support defence
Danish schemes embrace defence – as long as ESG criteria and international conventions are adhered to
Folksam, KPA set 2030 climate targets, highlighting social impact
Swedish pensions group and municipal pension fund subsidiary follow NZAOA requirements to establish 50% emission reduction targets for investment assets
Iceland’s pension funds post 6.5% real return in 2024
Almenni Pension Fund sees mixed outlook, with uncertainty around global impact of new US regime, while earthquakes in Iceland may blight domestic economy
Norway’s SWF rekindles Trump-backed end to quarterly reporting
NBIM says mandatory quarterly reporting by businesses can lead to short-term decision-making, hindering sustainable growth and innovation
Swedish Pensions Agency’s analysis chief quits in row over ‘private commitments’
Ole Settergren to remain at the agency until a replacement takes over
PFA warns of higher economic risks around China
Danish pensions giant says Trump’s election, and resulting asset manager exodus from climate cooperations, is clear signal that world is changing fast
TOP NORDIC REGION PENSION FUNDS 2024
Pension fund/entity | Assets (€’000)
Denmark
- PFA Pension | 102,473,792
- Arbejdsmarkedets Tillaegspension (ATP) | 95,167,690
- Danica Pension | 70,640,258
Finland
- Keva | 68,500,000
- Varma Mutual Pension Insurance Co. | 62,069,000
- lmarinen | 61,144,000
Iceland
- Lífeyrissjóður starfsmanna ríkisins | 9,339,640
- Lífeyrissjóður verslunarmanna | 8,557,521
- Gildi lífeyrissjóður | 6,592,618
Norway
- Norway Government Pension Fund Global | 1,548,996,540
- Kommunal Landspensjonkasse (KLP) | 91,052,710
- Folketrygdfondet | 31,176,585
Sweden
- Alecta Pensionsförsäkring | 111,831,667
- Sjunde AP-fonden (AP7) | 98,770,760
- AMF | 74,485,838
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
Interviews
- Previous
- Next
Big Swedish providers raise pension switch worries
Pension transfers are big business in Sweden, and the market could be described as booming right now.
Folksam, KPA set 2030 climate targets, highlighting social impact
Swedish pensions group and municipal pension fund subsidiary follow NZAOA requirements to establish 50% emission reduction targets for investment assets
Iceland’s pension funds post 6.5% real return in 2024
Almenni Pension Fund sees mixed outlook, with uncertainty around global impact of new US regime, while earthquakes in Iceland may blight domestic economy
Norway’s SWF rekindles Trump-backed end to quarterly reporting
NBIM says mandatory quarterly reporting by businesses can lead to short-term decision-making, hindering sustainable growth and innovation
Swedish Pensions Agency’s analysis chief quits in row over ‘private commitments’
Ole Settergren to remain at the agency until a replacement takes over
PFA warns of higher economic risks around China
Danish pensions giant says Trump’s election, and resulting asset manager exodus from climate cooperations, is clear signal that world is changing fast
Sampension urges mental well-being action, despite dip in early-retirement
Norway’s political parties agree to abolish mandatory early retirement for armed forces, police, prison staff
Akademiker overhauls equity strategy behind new market-rate product
Danish labour-market pension scheme dials risk levels both up and down within range of AlfaPension profiles
Forca outsources Danish pensions IT to Netcompany
Joint pensions administration firm for PKA, PBU and Lærernes Pension says new integrated system meets its owners needs ‘faster, better and cheaper’
AP2 hires new CIO Anna Hammer to continue portfolio changes
Gothenburg-based buffer fund poaches Länsförsäkringar CIO to fill gap after losing Erik Kleväng Callert to SEB Trygg Liv
AP7 indicates BlackRock’s NZAM exit could affect future mandates
Sweden’s biggest state pension fund to meet world’s largest asset manager ‘to better understand’ decisions after BlackRock fled net zero alliance
TOP MANAGERS: NORDIC REGION INSTITUTIONAL ASSETS
Company | Assets (€m)
- SEB | 65,000*
- BlackRock | 61,541
- DNB Asset Management | 53,712**
- Nordea Asset Management | 52,442
- Storebrand Asset Management | 35,386***
- State Street Global Advisors | 29,768
- Nykredit Asset Management | 26,163
- Northern Trust Asset Management | 22,607
- Morgan Stanley Investment Management | 8,936*
- Amundi | 8,344
As at 30.9.3.23, *30.16.23, **15.11.23, ***10.6.22
©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report
IPE BEST PENSION FUND IN THE NORDIC REGION AWARD WINNERS
Nordic Region
- 2023 - The Swedish Fund Selection Agency
Denmark
- 2022 - Industriens Pension
- 2021 - PensionDanmark
- 2020 - PensionDanmark
- 2019 - ATP | PensionDanmark
Norway
- 2022 - KLP
Sweden
- 2022 - Alecta pension insurance, mutual
- 2021 - Fjärde AP-fonden (AP4)
- 2020 - Fjärde AP-fonden (AP4)
- 2019 - Swedish Pensions Agency
Copyright © 1997–2025 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP