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Pension fund picks Danske Bank AM's Head of Alpha as new CIO

Denmark's eighth-largest pension company, P+, has recruited a new CIO from Danske Bank Asset Management. He will replace Mikkel Svenstrup, who has left the pension company to become CIO of the Danish state's labor market pension fund ATP.

Kåre Hahn Michelsen tiltræder 1. maj som ny investeringsdirektør i P+ | Photo: PR/P+

On May 1, Kåre Hahn Michelsen will begin as the new chief investment officer of Danish pension provider P+, which resulted from the merger of domestic pension funds JØP and DIP, the former reveals in a press statement.

Michelsen comes from a position as senior vice president of Danske Bank Asset Management, where he since 2008 has held responsibility for managing investments within all asset classes.

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