Danish investors bought foreign bonds rather than equities in 2019
Danish investors made big foreign bond purchases in 2019 following major share price increases, the country's national bank informs.
AMWatch
A part ofWatch Medier
Danish investors made big foreign bond purchases in 2019 following major share price increases, the country's national bank informs.
With a EUR 200m investment in Dutch green government bonds, PKA now rounds EUR 468m in green bonds. The pension fund is hungry for more, but will not compromise on return and risk, assures CEO Peter Damgaard Jensen.
Strong run for listed equities in 2019 meant that unlisted assets pulled down the return at Industriens Pension. The pension company is sticking to its unlisted investment strategy, saying these assets will be a stabilizing factor in the future. A more active approach to fx hedging will be taken in 2020.
Consumer watchdog Tænk has criticized AP Pension, which according to a senior economist has misrepresented returns on pension products. The pension company denies this.
Industriens Pension ended 2019 with a 12 percent return. Since the pension fund was established in 1993, it has had an annual return of 8.9 percent.
The investment will start at EUR 26 million, but will rise to around EUR 44 million.
It isn't every day that a pension company nabs an investment mandate in competition with several asset managers. But this is what happened for MP Pension, who recently beat rivals because of its approach to sustainability and active ownership. The door is open for more customers, says MP's CEO.
Norway's largest pension company explains to Norwegian business outlet DN.no why it has decided to join a class action suit against Danske Bank in the wake of the money laundering scandal. The oil fund is not involved.
.jpg)
PKA's ESG committee will soon decide whether or not to remove the Danske Bank share from its observation list.
The funding round for NREP's newest real estate fund is well underway. Four pension funds have agreed to invest between EUR 30 and 35 million in the fund, which aims to raise over EUR 1.2 billion.
Seven Danish pension funds are joining the shared tax principles initiative for investments in unlisted companies which ATP, Industriens Pension, Pensiondanmark and PFA agreed on in August last year.
The EUR 92bn pension fund will continue to look at areas where banks are withdrawing, says Alecta’s Head of Fixed Income and Strategy to IPE.
Several pension companies, alongside Danish investment fund for developing countries IFU and other investors, have invested in a Canadian company that will expand green energy in Africa and Asia.
Former CIO of Skandia is changing sides to lead a newly-created Real Assets unit at Swedish pension fund Alecta.
Sampension and MP Pension are taking a step into a riskier market with their joint investment in Ørestad, the partners explain in an interview with EjendomsWatch. This is the largest investment either company has made in a while - but with Solstra as a partner, it is more controlled, says the head of real estate at Sampension.
Danish pension fund ATP has a self-developed standard for green bond investments.
Lærernes Pension achieved its highest investment return ever in 2019. In the future, something extra will be needed to find yield, says chief investment officer Morten Malle.
Positive return and excess returns within individual asset classes bring MP Pensions investment return in 2019 up to 15 percent. Only FX hedging - after a year with a strengthened dollar - is pulling the return down.
Pension savers could end up in an index trap, if future savings are largely directed into index funds, warns the Swedish Investment Fund Association.
Several Danish pension funds are financing problematic countries through the purchase of government bonds, a report shows.
Denmark's largest commercial pension fund can now include a number of high-rise units in the heart of The Hague in its enormous real estate portfolio. The 40-year old properties are mortgaged at 50 percent, the PFA property director tells EjendomsWatch.
AP1's new private credit portfolio will make some 1-2 percent of the fund's assets totalling EUR 33.2bn, says the buffer fund's portfolio manager of alternative investments.
It will be more expensive for customers to invest their pension through Danish pension company PFA in 2020. This has led to criticism.
The emissions trade will inevitably be reflected in return expectations, but it will also create opportunities for the firms that aim to reduce emissions, says Head of Responsible Investments at Finnish pension company Ilmarinen.
Nordea Asset Management must say goodbye to selection manager, who is moving to pension company Velliv.
Business Development Vice President - Nordics - BlueOrchard
Kommunikations- og pressechef med politisk og strategisk tæft - Vækstfonden
