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Folksam's AUM exceeds EUR 41bn – performance strong despite Swedbank scandal

Figures are strong despite Swedbank's negative development during the first half of 2019, says the group's CEO Jens Henriksson.

Photo: PR / Folksam

Sweden's Folksam has reported returns of 6.8 percent for Folksam Liv and 7.7 percent for KPA Pensionsförsäkring. Total assets currently stand at approximately EUR 41.7bn.

“These are strong figures, not least in the light of one of our largest investments, Swedbank, seeing a negative development during the period,” comments Folksam Group CEO Jens Henriksson in a press statement, referring to the money laundering scandal that surrounded Swedbank this spring.

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