John Hydeskov has been promoted to the newly-created position of Head of Investments at Danish pension fund alliance P+. Previously Chief Risk Officer at the jointly-held firm -- which administers the pension fund for lawyers and economists, (JØP) and the pension fund for engineers (DIP) -- Hydeskov will now be responsible for its liquid assets.
Hydeskov is now a member of the pension fund's investment management team, consisting of Anders Christian Schelde, Head of Alternatives, and Mikkel Svenstrup, CIO, to whom Hydeskov reports.
"I've spent the past year and a half building the foundation from a risk perspective, and I look forward to further developing our risk-based investment strategy. We've mainly focused on creating a more risk-diversified portfolio to give our pension savers a better risk-adjusted return. Previously, our risk was mostly allocated towards equities," Hydeskov says, and adds:
"In the past few years, volatility has been very low, and we, as investors, have become accustomed to our Bloomberg Terminal mostly being green when we come to work. However, I've been in the financial markets long enough to know that markets can turn sour almost overnight."
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.