Swedbank Robur increases the collaboration with Folksam Group
Swedbank Robur and Folksam has since 2007 worked closely together in investment management, administration and reporting regarding Folksam Group's portfolios. Swedbank Robur and Folksam are now increasing their cooperation and have entered into a strategic partnership for the continued development of investment management solutions and related services.
"Business and product development in close cooperation with our customers is an important part of continuously developing our offering to all customers. With this partnership, we are taking the cooperation with our largest customer Folksam to a new level. We are very much looking forward to working together with Folksam to create sustainable and long-term value for customers," says Liza Jonson, CEO of Swedbank Robur.
The Folksam Group is Sweden's leading insurance group with about four million customers and a total of SEK 755 billion assets under management in life insurance, occupational pension and non-life insurance.
For both Swedbank Robur and Folksam, sustainability is a central part of the business strategy. Both parties also see major investment needs linked to the transition to a climate-neutral economy.
"Our ambition is to jointly develop investment management strategies in both traditional and alternative assets where we see that there is attractive value creation with good diversification that meets and takes advantage of the opportunities and challenges that savers, companies and society face in a high pace of change," says Jens Grebäck, Head of Client Solutions at Swedbank Robur.
With the new strategic partnership, the Folksam Group ensures the prerequisite for continued long-term sustainable and well-diversified management for its customers.
"The collaboration with Robur has worked very well for a long time and therefore it feels good to now take yet another step and deepen the collaboration. By doing that, we will have the opportunity to further increase diversification of our asset portfolios, which gives us even better conditions to manage our customers' money in a sustainable, long-term and efficient way," says Michael Kjeller, Vice President and Head of Asset Management and Sustainability Folksam.
Contact:
Carina Sesser Nylund, Press manager, Swedbank Robur ph. +46 72 230 52 64
Swedbank Robur is a wholly owned subsidiary to Swedbank and active in Swedbank´s four home markets. Swedbank Robur was founded in 1967 and offers more than 80 mutual funds, institutional and discretionary asset management and management of pension funds. The number of customers is 3 million in Sweden and 1 million in the Baltic countries. Total assets under management are approximately SEK 2018 billion (Dec 31, 2021). Swedbank Robur’s vision is to become a world leader in sustainable value creation.