Kempen's new Nordic lead calls for diversification and overcoming domestic biases
The recent hire of Thomas Poulsen is part of the Dutch manager's ambition to grow in Europe. But the Nordic region has taken to some of its products already, while the Dutch system of fiduciary management can be a great idea generator going forward, Kempen's new Nordic lead and institutional client head explain in an interview with AMWatch.
The Swedish Pensions Agency has been busy recently, with a first foray into real estate and new terms and conditions for its fund platform meaning lower fees for savers. Fund department chief Erik Fransson also discusses whether going fossil free has had an impact on returns.
Five new guidelines aim to create more transparency about how Danish pension funds asses the value of unlisted assets – but according to several pension firms, they already live up to these principles.
Two years ago, KLP Kapitalforvaltning accounted for 4 percent of inflows to Norwegian retail funds. Now, its share is 17.6 percent. "It's been a dramatic change," says CEO Håvard Gulbrandsen, who thinks sustainable funds, low prices and new dynamics in the Norwegian retail market are responsible.