PFA CIO on lobby's new principles for alternatives: The cornerstone is that we can set fair prices on a daily basis

Earlier this week, interest group Insurance & Pension Denmark agreed on five principles when setting valuations for alternative investments. To PFA's CIO Kasper Lorenzen, a cornerstone is to set a fair price on a daily basis on the alternative investments, which comprise 20 percent the pension firm's assets.

PFA CIO Kasper A. Lorenzen | Photo: PR/PFA

Interest group Insurance & Pension Denmark unveiled Tuesday five new principles pension companies can use as reference points when setting valuations for alternative investments. For PFA, the country's largest commercial pension firm, the new guidelines will not turn the company's business on its head, Chief Investment Officer Kasper A. Lorenzen tells AMWatch's Danish sister media

"We pretty much already base our work on these principles. Sometimes things are essentially done correctly without necessarily needing to have rigid terms for it. For us, these principals will serve as a reference for our work and will be something we can revisit at a later time to ensure we're doing the right thing and that we pension firms can use as a common reference," he says.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch