Brunswick Real Estate's Deputy CEO tells Swedish media Realtid that the fund is benefitting from more capital being allocated to alternative financing. Another pension fund recently committed to the fund, joining investors including KLP and Folksam.
Only 16 percent of fund managers in Sweden are women. The figure is 11 percent in Finland, while just 6 percent of fund managers in Denmark and Norway are female. AMWatch has talked to four Nordic women in finance in search of answers regarding this imbalance and to hear about their career experiences.
A few weeks after Norway's biggest pension fund assigned the manager to make investments in real estate funds, the country shut down. KLP has since made commitments totaling over EUR 500m in five funds by global investment managers.
Fidelity International's target will initially be limited to portfolio companies' direct emissions and those that stem from energy the company buys, so-called Scope 1 and Scope 2 emissions. The manager intends to add Scope 3 emissions once it has access to better data.
Mutual funds business CEO Magdalena Wahlqvist Alveskog says hard and dedicated work over a long period led to the bank continuing to grow its new savings market share. The bank also sees growth potential in the Norwegian market.
Traditional assets like equities are priced to perfection, leading Sweden’s biggest pension fund to search for pockets of value in alternatives. But a strong year in the markets still led to strong returns year-to-date, Deputy CEO and CIO Hans Sterte tells AMWatch.
Although the resignation of Taaleri's CEO "involves no drama", chairman of the board Juhani Elomaa says the board found the new CEO a more suitable person to lead the implementation of the firm's revised strategy.
If the industry only focuses on labelling and categorising existing products, no additional money will flow to sustainable solutions and the much-needed shift of capital will fail to materialize, writes Hadewych Kuiper, commercial director at Triodos Investment Management.
Over the past few days, Denmark's three largest banks have increased negative deposit rates even further. Earlier this week, Nordea told AMWatch that the negative rates were a driver for retail clients to invest their money instead.
Sweden's largest fund manager had EUR 300m in net outflows from its funds in the third quarter. Head of Business Strategy and Support, Olof Neiglick, tells AMWatch a stronger focus on distribution and developing new products according to customer demand will boost sales going forward.
Retail sales have been declining, and the savings rate is getting a downgrade. DNB's Head of Wealth Management, Håkon Hansen welcomes the growing number of savings agreements, calling it "sticky money".
The former head of fixed income and TAA at Sampension reflects on his break from the rat race to focus on his family and pursue his interests. He has now returned to work, taking on an ESG position at a changed Danske Bank.
The demand for alternative vehicles seems strong as investors look for alternatives to bond investments in the low yield environment, says Evli's CEO Maunu Lehtimäki. He tells AMWatch about the manager's plans to keep increasing its global investor base after European pension funds and family offices invested in its products during the third quarter.
The largest asset manager in the Nordics saw improved net sales in Q3, but institutional net sales had actually been hampered in the preceding quarters due to a loss of mandates, says Head of Asset and Wealth Management, Snorre Storset, who believes that Nordea has a strong growth potential.