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PFA poaches two portfolio managers from asset managers

The Danish pension fund has hired two experienced portfolio managers joining from Danske Bank Wealth Management and SEB.

PFA's headquarter at Sundkrogsgade in Copenhagen. | Photo: PFA PR

Denmark's largest pension provider, PFA, that has 1.2 million customers, has strengthen their equity department by hiring two new portfolio managers.

Executive Director for Equities and Alternatives at PFA Asset Management, Henrik Nøhr Poulsen, is pleased with the capture of the newest members of his equity team:

“As a consequence of our growing focus on internal management, we have chosen to strengthen our equity team and staffing,” he says.

Anders Hornbak joins PFA from a position as chief portfolio manager at Danske Bank Wealth Management where he was the lead figure of the fund Danske Invest Europe. The fund's performance, however, has been below benchmark for the past four out of five years. The exception was in 2015.

At Danske Bank, and previously Danske Capital, Anders Hornbak was a part of the Alpha equity team where he was covering the financial sector. He has 20 years of experience in the financial markets.

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