AP Pension picks new CIO from own ranks

Denmark's AP Pension has found its new CIO from within its own ranks. He will take over the position when current chief investment office Ralf Magnussen moves to Nykredit Asset Management.

Rasmus Cederholm is set to become AP Pension's next CIO. | Photo: PR/ AP Pension

AP Pension will replace CIO Ralf Magnussen with its current Head of Equities Rasmus Cederholm when Magnussen leaves the company to become CEO at Nykredit Asset Management at the end of July.

Cederholm has been AP Pension's lead on equities since 2017. Before that, he was a senior portfolio manager at Nykredit Asset Management, where he managed a global equity strategy from December 2011 until end of November 2017.

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