Swedish pension fund ups Impax mandate for ‘green impact’

Allocation comes from €300m divestment pot

Sweden’s largest buffer fund, Sjunde AP-fonden – known as AP7 – has pumped another SEK500m (€48.5m) into a ‘green impact’ strategy with Impax Asset Management, bringing the total mandate to SEK1.4bn (€135.8m).

The €60bn scheme, which sits within the ‘premium’ part of the state pen…

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