KLP Asset Management chooses Algorithmics
02 July 2012 London, Oslo and Toronto
Algorithmics, an IBM Company, announced today that KLP Kapitalforvaltning (KLP Asset Management), the asset management subsidiary of Norwegian-based KLP Group, has chosen Algorithmics’ risk management and reporting service, Algo Risk Service.
KLP Kapitalforvaltning manages the assets of KLP Group and of the KLP Funds’ external clients. It plans to implement Algo Risk Service across all its asset classes and portfolios in order to create a more integrated risk management function that links its portfolio managers, risk managers and client advisors together and facilitates the management of risk consistently across KLP.
Harald Harlem, head of investment management services at KLP Kapitalforvaltning, said: “Our vision is to have integrated risk management within our business. We chose Algorithmics for their reputation, their interactive portfolio construction capabilities and for their holistic approach to risk management.”
KLP Kapitalforvaltning manages the assets of KLP Group and of the KLP Funds’ external clients. It plans to implement Algo Risk Service across all its asset classes and portfolios in order to create a more integrated risk management function that links its portfolio managers, risk managers and client advisors together and facilitates the management of risk consistently across KLP.
Harald Harlem, head of investment management services at KLP Kapitalforvaltning, said: “Our vision is to have integrated risk management within our business. We chose Algorithmics for their reputation, their interactive portfolio construction capabilities and for their holistic approach to risk management.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
![Advertisement](../images/bull-252524.png)