Nordic as well as other investors tend to believe green bonds offer lower yields compared to other fixed income assets, which research by investment consultancy Kirstein shows. But some institutions would gladly give up "a few basis points" for the greater good, a recent webinar by NN Investment Partners highlights.
The Norwegian oil fund and several major asset managers have invested in companies tied to the Myanmar junta. Some say, though, that divestment and boycotting implicated firms would entail forfeiting influence.
Over the past five years, Veritas Pension Insurance has gradually expanded its real estate portfolio.
A Nordic pension investor is ready to invest EUR 40m in a European-domiciled quant fund.
The Norwegian sovereign wealth fund is acquiring half equity interest in a offshore wind farm. This is the fund's first dive into the renewable energy infrastructure.
Investment alliances in infrastructure fill a "market inefficiency gap" and allow investors to take more control over their money, the advisor that helped three Nordic pension funds with their recent quest for a manager tells AMWatch.
The Swedish pension fund has doubled its unlisted portfolio in a short space of time but now wants even more. Investments will mainly be in the range of SEK 500m as they "need to have a relevant size when measured against the portfolio".
Nordea's Stratega funds manage SEK 110bn and bring in SEK 1.5bn in fees each year. At the same time, the multi-asset fund-of-funds have consistently failed to beat the benchmark.
A new report reveals that Norway's sovereign wealth fund might have indirectly financed the military regime in Myanmar.
In the Finnish Centre for Pensions' comparison, Norway's Oil Fund, Sweden's AP4 and Denmark's ATP all pulled in the best ten-year (2010–2019) returns between 2010 and 2019, whilst Finnish pension funds generated lower returns.
A new fund will buy up agricultural land in Denmark and Sweden to use for wind and solar power developments.
Swedish national pension fund starts using index based on analytics provider Burgiss from beginning of 2021. The fund will now solely compare its returns to an unlisted benchmark.
Member pressure to invest greener has been a given since Anders Schelde joined Akademikerpension as CIO more than three years ago. Even though he and the rest of the management understand the feeling of urgency from members, changes have to be made in a responsible manner, Schelde tells AMWatch.
The CIO at one of Sweden's biggest pension companies talks to AMWatch about portfolio restructuring, growing unlisted assets, active allocation and why its first SPAC investment was an "interesting new set-up", but also a complement rather than an alternative to other opportunities.
Skandia has bought most of a new SEK social bond issuance from the Inter-American Development Bank (IDB) to promote sustainable growth, poverty reduction and social equity in Latin America and the Caribbean.
Every year the Swedish government commissions an external evaluation of Sweden's AP pension funds. Hired to compile the report this year, McKinsey suggests more cooperation between the four buffer funds to increase transparency and understanding of their sustainability work. In terms of returns, one fund lagged in 2020.
Consultants come onboard as a tender process inquiry for funds continues. Additionally, several new experts join as the mission is updated and the work enters the next phase.
AMWatch talks to the Swedish FSA about its scrutiny of the new SPAC craze that has recently spread into the country. A comprehensible and clear prospectus along with consumer protection are key focus areas, but it’s also up to the consumer to stay informed about aspects like incentive structure, the regulator says.
AP4, Industriens Pension, KLP and IMAS Foundation have become founding members of an investment alliance partnership with Arjun Infrastructure Partners, a club deal to invest across different sectors in Western Europe.
With a new climate plan, Danske Bank means to exclude companies generating more than 5 percent of their revenue from coal. Danish state pension giant ATP accepts up to 50 percent coal in utility companies' energy mix.
Scandinavia's first special purpose acquisition company was "considerably oversubscribed", as institutional investors lined up to commit funds to the blank check vehicle.
Pinebridge Investments criticizes the Swedish Pensions Agency and deems it unprofitable to continue making its funds available on the platform Fondtorget. The US manager calls rules on providing information about changes "without any delay" more demanding than those of banks and other counterparties, recent documents show.
Pension fund CEO joins forum for to euro area financial stability chaired by ECB Vice President Luis de Guindos.
Government and corporate bonds around the world have tumbled in their worst start to a year this century, as markets spooked by the prospect of resurgent inflation turn increasingly volatile.
Danish pension fund Industriens Pension has hired a new head of the risk, leaving competitor Velliv after just two months. He replaces Carsten Gjede, who is joining the top management of Lærernes Pension.
Lead Analyst, Trustee & Depositary - BNY Mellon