KLP Pension dips into buffer fund to counter Q1 losses

Market turmoil has hit KLP hard, but the group was well-prepared for the downturn.

Photo: Arkivfoto

KLP Group reports negative returns totaling NOK 7.9bn (EUR 780m) in Q1, as a result of market turmoil in the wake of Russia’s newest invasion of Ukraine.

KLP’s shared portfolio generated returns of -0.75%.

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