KLP: Nordic investor's share of active funds is irrational

Nordic investors have way too much money allocated to actively managed funds that are too expensive and inefficient, the CEO at KLP Kapitalforvaltning says in an interview with AMWatch.

Håvard Gulbrandsen is the CEO of KLP Kapitalforvaltning, the asset manager of Norway's largest pension company Kommunal Landspensjonskasse (KLP). | Photo: PR / KLP

by PHILIP MADSEN

According to Håvard Gulbrandsen, the CEO of Norway’s third-largest asset manager, Nordic investors are not making a rational choice when directing most of their savings to actively managed funds that often are too expensive and unable to generate excessive returns.

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KLP: Nordic investor's share of active funds is irrational

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KLP books all-time high AUM boosted by external customers

KLP continued gaining retail market shares during difficult 2022

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Sign up for our newsletter

Front page now

Akademiker Pension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

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Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

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ATP on admitting billionaire investors into new venture: Our strategy remains unchanged

Further reading

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Swedish FSA reprimands troubled pension giant

Swedish agency's new comms head will engage with fund managers

KLP boosted by inflow from external clients in Q2

KLP sees rapid increase in external assets: "I don’t think we have any specific challenges right now"

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