Norway's KLP opens a door to Saudi Arabian exposure after visit

The Norwegian pension fund's responsible investment team recently visited Saudi Arabia to investigate if the 30 Saudi companies graduating to the MSCI Emerging Markets Index contravened KLP’s strict ESG principles.

Jeanett Bergan, head of responsible investment at KLP. | Photo: PR / KLP

by HELLA ANDERSEN

"We had some good meetings in Saudi Arabia and there are positive changes happening in the country," Jeanett Bergan, Head of Responsible Investment at Norway's largest pension fund KLP, says in an interview with investors' news site top1000funds.com.

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Norway's KLP opens a door to Saudi Arabian exposure after visit

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Ignore the ‘AI revolution’ at your own peril, global investors warn

New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager