News and announcements

LSR Annual Meeting to Be Held on May 6
22. April 2025
The LSR Annual Meeting will take place at 3:00 PM on Tuesday, May 6. Please note that this year’s meeting will be held at a different location than in previous years: Hotel Reykjavík Natura, Nauthólsvegur 52. The meeting is open to all fund members and employers.

Milestones Reached in a Strong Operational Year for LSR
10. April 2025
The year 2024 was a strong operational year for LSR, with the fund delivering a total nominal return of 12.4%, which corresponds to a net real return of 7.1%. The fund’s net investment income amounted to ISK 173 billion, the second-highest ever in LSR’s history. At year-end, the fund’s total assets stood at just under ISK 1,567 billion.

Interest Rate on Non-Indexed Loans Reduced to 8.3%
28. March 2025
The interest rate on new non-indexed loans from LSR will decrease by 0.2 percentage points, from 8.5% to 8.3%, effective Friday, March 28, 2025. The interest rate on LSR’s non-indexed fund member loans is fixed for 36 months at a time.

LSR's long term investment vision
12. March 2025
This week, Halla Kristjánsdóttir, Head of Asset Management at LSR, published an article discussing LSR’s perspective on investment operations, its fiduciary duty, and procedures. The article highlights the importance of sustainability in business operations and resource utilization when making long-term investment decisions.