Danica proposes shared industry codex for alternative investment valuations

Danske Bank's pensions arm wants a central model for how to set prices on unlisted assets to be made.

Danica CIO Poul Kobberup | Photo: PR/ Danica

Today, there is a big difference in how Danish pension companies value their alternative investments - but it is about time that a central model was developed for the industry, says Danica's CIO Poul Kobberup to InsideBusiness.

"The Danish FSA has asked us all to make sure we are categorizing and pricing alternative investments correctly. I therefore think that everyone would benefit from the development of a central industry valuation codex. It could happen within Forsikring & Pension, and you could start by looking at the pricing of private equity funds and infrastructure funds, for example, as it is here that the biggest differences in method are typically found," Kobberup says to the media.

He is backed up by several others in the industry, though chief consultant at Forsikring & Pension (Insurance & Pensions, -ed.) Henrik Munck does not see the need for change.

English Edit: Catherine Brett

Media: Authorities may clamp down on pension funds' valuations of unlisted investments

Pensiondanmark CEO: Unlisted investments have "proved their worth" during corona crisis

Institutional investors avoid complicated investments amid corona crisis 

More from AMWatch

Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Qblue aims to reach a wider audience

Bjarne Graven Larsen's QBlue Balanced wants to reach more international investors, he tells AMWatch. He also discusses why he thinks the quant winter has made way for a quant spring.

Evli records AUM growth exceeding 24 pct

New client wins, additional investments from existing clients and the positive market impact increased the assets under management by private and institutional mandates to a new record, writes Evli Group CEO Maunu Lehtimäki.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch