Nordic pension giants invest more capital in Swedish battery manufacturer

The Danish state pension fund has increased its investment in Northvolt, as have Folksam, AMF and Swedbank Robur.

Photo: Helena Soderpalm/Reuters/Ritzau Scanpix

BY MARKETWIRE, TRANSLATED BY CHRISTOFFER ØSTERGAARD, with additional reporting by Mirza Gazic, AMWatch

Danish state pension fund ATP has invested an additional DKK 400m (EUR 53.8m) in Swedish battery manufacturer Northvolt, increasing the fund’s total investments in the firm to DKK 1.9bn (EUR 255m), ATP reports on Tuesday morning.

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Nordic pension giants invest more capital in Swedish battery manufacturer

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ATP to pressure portfolio companies with new tool

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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

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New Nordic high yield manager keeps attracting inflows

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

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

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

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