Norway’s sovereign wealth fund, the world’s biggest, has this year added more than USD 8 billion to the pot of money that’s overseen by external managers, according to its chief executive officer.
Danish pension fund adds CIO to exec management and former Head of Asset Allocation resurfaces at wealth managemnet platform. These are some of this week’s job moves.
Swedish wealth management platform Alpcot CEO calls the recruitment "a dream hiring".
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Nordea's head of private banking and wealth management in Denmark has stepped down. Nordea wants to achieve new goals and therefore has decided to appoint a new head of Private Banking in Denmark. (Updated)
Danske Bank Asset Management reels in fixed income specialist from pension fund to be its Head of Quant & Overlay – after two decades he reunites with Denmark's largest financial group.
The Danish central bank poaches chief analyst with major expertise in Asian economy in Nordea. At Nationalbanken she will be a senior economist and will analyze international economy.
Danish startup has found its new head of equities at financial services firm Alm. Brand.
Career Path: Søren Kjær has built businesses and constructed teams throughout his career. He has always focused on hiring the right people, and he proudly mentions several great hires he has made in his career. When he entered the world of wealth management, he was further strengthened in this belief.
Fondab gets a new CEO, a savings specialist becomes responsible for sustainability and a new CEO enters the asset management industry. These are some of this week’s job moves.
Chris Kaminker was one of the many remote onlookers unnerved by the images of Australia’s most recent bushfires. Kaminker ran sustainable finance research at SEB, the Swedish bank that structured the first green bond, before joining the asset management arm of Swiss private bank Lombard Odier last year. In a newly created role, he was responsible for developing ways to analyze how the warming planet — and increasing pressure to cut carbon emissions— will affect companies.
When pension funds exclude companies not living up to the ESG goals, this may impede their own returns without having any real impact, say professor Peter Løchte Jørgensen and former chief economic advisor Michael Svarer.
Two Danes head new investment fund, which aim to generate returns through active management within cryptocurrency markets exclusively.
The EU Taxonomy will become part of the Non-Financial Reporting Directive, which means that institutional investors will also have to report on their exposure to unsustainable economic activities, according to partner at Worthwhile Capital Kerim Kaskal's assessment. Worthwhile Capital is expanding its team to meet the demand for sustainable investing that the policy initiative will create, he says.
Career Path: Even though he spends a lot of time on his new company, HC Andersen Capital, and is a board member for various companies, the former Head of Markets at ABG Sundal Collier Tue Østergaard has had the time he needed to realize a life-long dream of his. He tells AMWatch how he has now started giving back to the industry.
The European Union’s first offering of social bonds was said to receive orders of more than EUR 150bn, a record for a dual-tranche issue in the euro area.
EQT AB hired Microsoft Corp.’s long-time dealmaker Marc Brown to lead a new growth investment team, adding to signs that private equity firms are seeking new strategies to diversify and boost returns.
Fredrik Skoglund, who announced his departure from Länsförsäkringar the week after Morningstar five-starred his Swedish small cap fund, is teaming up with Erik Selin to launch a long-only and an absolute return fund focusing on Swedish small cap.
When investing in a new fund, what we find is not a company but a team of portfolio managers behind the strategy, and if one or several people in that team were to leave that would definitely be a large red flag for us, says head of equities Norwegian pension fund Fellesordningen for AFP.
Thomas Nielsen, who manages one of this year's best-performing Norwegian funds, prefers to keep away from stock market new-comers and so-called green equities, since his main priority is accounting history.
KPA finds their new CEO, East Capital looses head of Oslo office, Seafarer’s pension fund gets new CEO, AP1 looses a manager, AP7 adds to supervisory board and a portfolio manager gets a promotion. These are some of this week’s job moves in the industry.
The Bergen-based fintech Quantfolio has raised more than NOK 15m in fresh capital for international growth. Among the new investors are experienced financial profiles such as Åge Westbø, one of Skagen's founders.
Private wealth firm Erik Penser Bank AB is betting on stock markets continuing to rally whatever the outcome of next month’s election in the U.S.
The return expectation from a traditional stock and bond portfolio is at a historic low. As a consequence, the market for independent investment advisory for professional investors is growing, argues Frank Hvid Petersen who recently took on the role of associate partner at Jentzen & Partners.
Aros Capital will be selecting a new team for its Copenhagen office after one of its partners and its CIO have chosen to quit.
Europe's largest asset manager Amundi has strengthened its Nordic team and reeled in iShares' long-term regional leader to grow its business scope in the passive space.
