Skandia recovers in Q4 but delivers lower return than Swedish peers

The Swedish pension company plans to make “green investments” worth SEK 40bn (EUR 3.6bn) – with an emphasis on renewable energy – during this decade, its CEO says.
Frans Lindelöw is the CEO of Skandia. | Photo: Skandia / PR
Frans Lindelöw is the CEO of Skandia. | Photo: Skandia / PR

Swedish pension firm Skandia had a strong finish to 2023 with a solid Q4 return and growth in assets under management, yet still delivered a lower return for the whole year than some of its peers.

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