Green investment

At a meeting hosted by pension manager Alecta in Stockholm on Wednesday executives in the financial sector discussed the EU’s forthcoming sustainable finance agenda with Minister Per Bolund and FSA director general Erik Thedéen.

Alecta’s CEO, Magnus Billing, who is the only Swedish member of the European Commission’s high-level finance group, gave a summary of the group’s work. A final report is to be presented at the beginning of 2018. He also announced that Alecta will be investing SEK 800 million in NN-FMO Emerging Markets Loan Fund, which is managed by Dutch development bank FMO, and which invests in job creation, mainly in finance, energy and agribusiness.