Transparency International's Swedish chapter is launching a new platform for investors to work together on fighting corruption risks and increasing corporate governance and transparency.
Is it possible to make a 180-year-old Swiss private bank significantly more sustainable in less than two years? Sasja Beslik believes so, having left J. Safra Sarasin to take the over the reins at Denmark's largest commercial pension fund, PFA. Even though only 1.5 percent of PFA's clients have opted for its climate product after more than a year on the market, it shouldn't become the mandatory savings product, he argues.
PBU has informed its external managers investing in listed assets that the Danish pension fund will no longer be paying performance fees, CEO Sune Schackenfeldt tells AMWatch.
AP Pension is putting its words into action by joining a new climate initiative.
Solvency and liquidity should be considered by some of the pension companies when evaluating whether to increase exposure to alternative investment even further, Denmark's Central Bank warns.
After becoming the CEO of PBU, Sune Schackenfeldt invented a so-called "war room" where the Danish pension fund makes all its big investment decisions. This has led to significant changes that make PBU stand out from its domestic peers.
Pension fund PenSam is raising the bar in the race to be green taking place in the pension industry. By 2025, the company wants to reduce CO2 emissions generated by its investment portfolios by a total of 44 percent.
A new report finds that Denmark's largest commercial pension fund takes more risk than its competitors, but still generates worse returns.
At PenSam, sustainability has been an integrated part of the investment process for the past four years. The Danish pension fund believes that it is possible to achieve returns from green investments, but it doesn't expect to make investments with a dedicated green objective, Head of ESG, Mikael Bek, tells AMWatch.
Executives at Danica Ejendomme hope to increase its international portfolio over the next few years. The long-term perspective limits the opportunities available, says CEO Michael Nielsen, explaining that the foreign investments pouring into Denmark are one reason the pension fund needs a more international focus.
It is difficult for the asset management industry to simultaneously reduce fees and engage more. "Although people are not talking much about this today, the situation is going to get quite interesting over the coming years," says Stuart Dunbar, partner at Scottish asset manager Baillie Gifford.
World's largest sovereign wealth fund wants to improve its sustainability strategy for the USD 30bn property portfolio.
A new high-yield credit fund aims to achieve a lower carbon footprint. Swedish pension fund AP1 already has a relationship with the asset manager going back to 2017 and is now seeding the impact vehicle.
Both equities and credit are passively managed at the Danish pension fund, but CIO Claus Jørgensen doesn't consider PenSam a passive investor, he tells AMWatch.
Denmark's largest institutional investor and the global offshore wind market leader have contracted three engineering companies to help plan designs for their tender bid to develop one the country's most prominent undertakings in renewable power.
Norway's sovereign wealth fund decides to exclude the Indian group due to "unacceptable risk that the company is contributing to serious violations of the rights of individuals".
The financial house wants to increase AUM to over SEK 100bn (EUR 9.8bn) but isn't just interested in buying assets for the sake of it. The fund manager needs to be good and add "something extra", Head of Wealth Management Sebastian Siegl tells AMWatch.
The Climate Investment Coalition kicks off its 2021 summit tomorrow. Coalition chair and former PKA chief executive Peter Damgaard Jensen is raring to go and keen to talk to investors wanting to increase their green ambitions. "When you read the latest IPCC report, it is clear that by 2030 or 2040, it will be too late to start this transition," he says.
A California county's USD 21bn pension fund is considering whether to drop Ray Dalio's hedge fund, which has underperformed for most of the past 16 years.
Swedish pension fund says "thank you for the music" and pumps SEK 200m (EUR 19.7m) into the company producing a new ABBA show, which hopes to premiere in London next year.
The first people have been hired for ATP's new direct investment arm, but the CEO is not rushing to investigate potential investments. "For me, quality is more important than quantity," he says.
AP3 is investing USD 500m in timberland in Texas.
The Swedish pension company made the strategic decision to consolidate its asset management operations during the fall of 2020, CIO Tomas Flodén tells AMWatch.
During the first six months of 2021, ATP has sold nearly 800,000 shares in Danske Bank, and bought more shares in Nordea. The pension firm has also divested shares in other financial companies.
Institutional Investor Forums is preparing to host its first pan-European pension symposium since before the pandemic. Executive Director Alex Beveridge hopes to welcome more than 100 of Europe's largest asset owners to Copenhagen, despite new Covid-19 infection rates clouding the horizon.
