PFA's green fund, Klima Plus, turns one today. It is still a relatively small product, but PFA is happy with the returns and the interest shown by clients.
The current boss has been at the previously Danica Pension-owned pension company since 1998. He will take up a role as board member instead. The firm is also changing its board chair.
Company veteran is winding down but will stay on as a strategic advisor to the board.
Amundi and LGIM, Europe's largest asset managers, have won several index mandates on behalf of Nordic pension companies over the past 12 months. A business developer and a product architect reveal their recipe for success to AMWatch.
Danish pension companies have different stances on investing in goverment bonds. PFA has divested from the asset class, while Danica and Velliv are holding on to bonds in their portfolios. AP Pension and Pensiondanmark have adjusted their bond exposure.
Several Danish pension companies are assessing their corporate bonds within the oil and gas industry. Bonds do not offer investors the chance to practice active ownership to the same extent as equities do.
The pension fund has expanded its systematic method to filter out the companies with the biggest sustainability risks in their business. So far so good, but all systematic strategies need better data than today – something that we might not get, portfolio manager Dmytro Sheludchenko tells AMWatch.
A series of pension funds and asset managers have invested USD 2.75bn in Sweden's Northvolt, which makes batteries for electric vehicles.
Despite good times for the fund industry, 22 funds managed in Norway have been liquidated since the start of 2020.
Pension company PFA has chosen to divest government bonds and invest in equities to prepare itself for the post-pandemic world.
A manager handpicked from AP7 four years ago is now the third to leave the insurer's organization in one year.
Pension Danmark is making an exception by investing directly in developing cleantech company Stiesdal. "If successful, it will be a fantastic investment," says CIO Claus Stampe, who expects to make several direct co-investments alongside private equity firms in the future.
2021 has got off to to a good start for oil companies and the financial sector, meaning pension companies that have divested these industries are feeling the pinch, shows Morningstar data from Danish life cycle pension products.
Greenwashing, a lack of common reporting standards and finding suitable green bond investments remain the main challenges facing institutional investors, say Varma's senior portfolio manager and State Street Global Advisors' fixed income strategist.
Finland's Varma is one of the seed investors in a new range of three sustainable corporate bond funds launched by State Street Global Advisors.
Low bond yields have caused pension funds to look to equity. Since January 2018, the Danish sector has invested EUR 39bn in listed and unlisted equities, an analysis done by Denmark's Central Bank shows.
The Danish mutual pension provider has started reshuffling its investment portfolio and is turning to Blackrock's Aladdin risk system to help capture investment factors.
Five Danish pension companies voted, much like the majority of Shell's shareholders, to approve the oil company's climate plan shortly before a Dutch ruling rejected it. The burden of proof is now on oil companies that have to show that they are on the right side of the Paris Agreement, according to Danish pension provider PFA.
Elo Mutual Pension Insurance is losing its head of ESG, who is moving to Switzerland.
Multi-boutique group Carneo accepts the Swedish government's decision to move on to the second step of the premium pension reform, but wants it to deliver on the promise of a good choice architecture with products savers actually want.
Norwegian pension company's ESG-veteran leaves after 13 years to join Aker Horizons.
After best-ever result in 2020, the private equity and venture cap-focused Swedish pension fund AP6 is adopting a new benchmark and seeing the benefits of its 2011 transition, CEO Katarina Staaf tells AMWatch.
Despite aiming to be one percent short of a majority, ATP will not let majority owners walk all over it when it buys minority stakes in domestic companies through its new investment unit ATP Langsigtet Dansk Kapital.
The government has published a report analyzing whether the new focus on sustainability has had any effect on the buffer funds since being implemented in 2019.
Norway's largest pension company KLP is launching a "dark green" loan platform for green infrastructure projects with Macquarie Asset Management, and hopes other pension funds will also invest.
Lead Legal Counsel, Santander Consumer Bank, Copenhagen