- Denmark’s Sampension has sold its stake in biogas company Nature Energy.

Since 2018, Sampension has been part of the stakeholder group in Nature Energy together with Davidson Kempner and Pioneer Point Partners. The shareholder group has entered into an agreement to sell 100 per cent of the company to Shell. Sampension stated that while co-ownership in a biogas company like Nature Energy was an obvious investment for Sampension, the time was right for a change in ownership so Nature Energy could continue its global expansion.

- Royal London Asset Management (RLAM) has launched its new Sustainable Short Duration Corporate Bond Fund.

Employing a high-conviction, actively managed approach underpinned by proprietary, bottom-up research, the new fund aims to provide investors with access to a diverse set of sustainably minded borrowers across a variety of economic sectors. Combining RLAM’s heritage in sustainable investing and its sterling credit franchise, the fund assesses the environmental, social and governance (ESG) profile of bonds whose expected duration is 2.5 to three years. RLAM said returns were further underpinned by prioritising issuers offering additional bondholder protections wherever possible, reducing potential exposure to downside risk.

- Swedish pension company SPP has announced defined benefit occupational pension increases for 2023.

For 2023, the increase will be up to 10.84 percent, depending on which pension agreement the member belongs to. Voluntary ITP, Voluntary BTP, Voluntary FTP and SPP's Foreign Insurance are up by 5.31 per cent. Pension supplements for BTP are to rise by 3.30 per cent and FTP by 0.16 per cent. For PTP, PPA 07 and K06 Bil G, the pension supplements are added up by 10.84 per cent. There is also a calculation for PTP, PPA 07 and K06 Bil G of accrued pension rights, so-called free letters, with 10.84 per cent.

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