Never has the world seen so many social bonds issued as in response to the covid-19 crisis. Experienced social bond manager does not fear "greenwashing" or "rainbow washing" or those kinds of things, he tells AMWatch.
UBP reels in Nordea fund manager, Capital Four hires credit analyst, founding partner at EQT's venture arm leaves company, Alecta’s legal head moves to Swedbank, and former Nordea and Danske analyst joins new startup These are just some of this week’s job moves.
On Thursday, five of the largest Nordic asset managers and investors, had a video conference with the Brazilian administration, expecting a change of direction in the county's policies. After snubbing Amazon donations last year, Brazil hopes they’ll resume.
Emerging-market investors may have identified the assets that offer sustainable post-pandemic returns. Now they just need to find more of it. But investors need to stay alert: “There are a lot of solar tech companies for example, but if you look at some of them historically, they have been either frauds or haven’t met their cost of capital," a JPMorgan Asset Management specialist says.
Every year, Danske Bank AM and SEB AM take turns in topping the Nordic Prospera survey for external asset managers. Despite topping the Nordics ranking and being on top five in three out of four country surveys, Atilla Olesen, head of Danske Bank Asset Management, sees room for improvement in Sweden.
The land for what is set to become Denmark's tallest residential building just changed hands. Aberdeen Standard Investments is now the owner of the coming 94-meter high-rise project in the Danish city of Aarhus. The project has undergone several changes since it was announced four years ago.
Danish pension funds and fund managers can expect further investigation by the Danish FSA, Finanstilsynet, which in its latest risk report notes significant changes in the risk picture, Jesper Berg, head of Finanstilsynet, tells AMWatch.
In October 2018, VP Bank based in Liechtenstein entered the Scandinavian market by taking over Carnegie's Luxembourg investment funds as well as the Luxembourg private banking activities of Catella Bank. The bank now makes another move to increase its business scope in the Nordics.
Pensam has selected a new manager for more than half of its equity portfolio. The shift comes after the Danish labor-market pension fund earlier this year announced a switch to the MSCI ACWI Climate Change Index as its new benchmark.
Career Path: Last week, private equity specialist Heidi Haurholm-Rasmussen entered her new office at Industriens Pension. She tells AMWatch about how she was introduced to private equity and why she has stayed with the asset class ever since.
Former Chairman of Europe's largest CFA Society believes governments will become larger shareholders in many listed companies in the wake of covid-19, but can a government and an asset manager align their financial interests?