-Britain’s XPS Group has launched a new illiquid assets trading solution, XPS Xchange, designed to facilitate illiquid asset trade on the secondary market.

The solution adopts a three-pillar approach, enabling trustees to search for buyers and sellers across brokers, secondary fund managers and other buyers, in what XPS highlighted as a departure from the traditional approach of solely using brokers. Trustees who implement this approach are expected to potentially increase the value realised from illiquid asset transactions by up to 20 per cent, and make savings on transaction costs exceeding £500,000 on a typical £100m trade. Commenting on the launch, XPS Group partner, André Kerr, said: “The illiquid asset market has grown exponentially over the last twenty years, but traditional transaction methods have often left clients with limited options. XPS Xchange was developed to improve outcomes around governance, value and timings.”

-Insurance Sweden has launched a report on occupational pensions in Sweden, providing an overview of agreements, players and statistics in the occupational market.

The report contains statistics on premiums paid in and disbursements from life insurance and occupational pension companies, as well as an overall description of the conditions for occupational pensions, old-age pension agreements and the reasons for the increase in premiums paid into occupational pensions. Commenting, Insurance Sweden senior economist, Eva Erlandsson, said: “Issues related to occupational pensions are in many respects complex with many actors involved. The purpose of this report is to provide comprehensive information on occupational pensions.”

-Sweden’s KPA Pension has visited three municipalities in Skåne to further its work towards climate adaption and transition.

KPA Pension CEO, Camilla Larsson, went to Vellinge, Lund, and Malmö Stad to discuss how KPA can support the municipalities in various initiatives they run to offer residents a more sustainable environment. KPA Pension and the entire Folksamgruppen have the goal of realigning their portfolios to become climate neutral, and promote communities and businesses to do the same. In order to reach its expected return goals, KPA argued that a movement must take place within the portfolios to meet these targets.

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