It should be possible to make great returns from real estate in a country of 1.5 million people. However, that dream has now vanished for Denmark's PFA. In the end, it was the Indian currency that forced the pension provider to mothball its plan for success in the Asian country, the firm's head of property tells AMWatch's siter site EjendomsWatch.
Nordic and US equities boosted total returns for the Finnish State Pension Fund (VER), helping the fund meet its obligations, as it faces an increase in the annual transfer it will have to make to the national budget next year.
More consolidation in the Finnish pension market is on the way in January when the EUR 3.19 billion pension insurance company Veritas merges with EUR 300 million Alandia-Pension. Veritas' CEO suggests this could be the sector's last link-up.
European asset managers -- including several from Sweden -- are overexposed to coal and oil, according to a recent survey from WWF. New analytical methods are gaining a foothold, and could potentially contribute to new investment strategies in future.
For the first time, the energy fund of Danish pension fund administrator PKA -- SustainSolutions -- is channeling capital into biogas.
The four main AP buffer funds in Sweden have been given the parlimentary go ahead to increase their exposure to illiquid asssets. Funds' portfolios will change significantly, according to the head of strategy and sustainability at AP4.
Torsten Fels, CEO of Denmark's Pensam, has made it plain he will not do business with companies which help their customers engage in tax fraud or money laundering. To be crystal clear, the pensions chief wrote to 20 CEOs of Danish and international financial institutions, law firms and audit firms.
Making the front pages because you were laid off is not much fun. However, that misfortune could end up opening new doors after all. In fact, it might even pave the way to the job of CEO at one of the UK's biggest pension funds -- and taking charge of more than GBP 50.7 billion (EUR 57.2 billion) of assets.
Super-low interest rates on government bonds are forcing pension funds to make more alternative investments as a way of securing a stable income in future years. Proving it is no exception, Denmark's AP Pension announces a focus on care homes for senior citizens.
Alongside 350 investors worldwide, 27 Nordic pension funds and investors have signed a statement to the world's governments ahead of two major climate summits.
PKA has established a new sustainable investments team headed up by Dewi Dylander. In her former role at ATP, and in her capacity as head of department at the Danish Ministry of Climate, she has acted as chief negotiator at international climate talks. "It takes money, investments and finance to make the world a better place," says Dylander.
Even though ATP has yet to iron out the problems of its UK-based subsidiary Now:Pensions, the mammoth pension fund is busy preparing its investment unit for a no-deal Brexit.
Money laundering and cum/ex scandals have put Velliv's investments in Danske Bank and Sydney-based Macquarie on hold. In future, Velliv -- formerly Nordea Liv & Pension Danmark -- has no plans to invest in Macquarie, however, Danske Bank's chances within Velliv's investments look much brighter.
A EUR 1.76 trillion group of investors led by Swedish national pension fund AP7 is taking 55 major European greenhouse gas emitters to task over their approach to climate lobbying. Nordic companies are among the targets.
Asset Manager til Castellum Danmark A/S
