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Danish National Research Foundation renews Nykredit's post as bond manager

The fixed income portfolio of Danmarks Grundforskningsfond invests in government and mortgage bonds and constitutes the largest part of its assets. Some 37 percent of the strategic allocation is managed by Nykredit.

Nykredit's headquarters in Copenhagen. | Photo: Thomas Borberg/Politiken/Ritzau Scanpix

Danmarks Grundforskningsfond (DG), the Danish National Research Foundation, re-appoints Nykredit Asset Management for a DKK 2bn (EUR 267m) contract for the management of nominal Danish bonds, IPE reports. The contract is for a five-year period.

DG's fixed income portfolio invests in government and mortgage bonds and constitutes the largest part of its assets. Some 37 percent of the strategic allocation is managed by Nykredit.

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