AMWatch

PFA divests bonds – Danica holds on

Pension company PFA has chosen to divest government bonds and invest in equities to prepare itself for the post-pandemic world.

Allan Polack, CEO, PFA | Photo: Stine Bidstrup/ERH

PFA has chosen to exit bonds and purchase equities, real estate and infrastructure, where there is less risk of a low tide if interest rates and inflation increase in the wake of the Covid-19 pandemic, CEO Allan Polack tells Danish financial daily Børsen.

The CEO also told the paper that the central banks are becoming more political.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

From utopian to center stage at PFA: "It's a challenge worth a proper fight. And trust me, it is not a walk in the park"

Is it possible to make a 180-year-old Swiss private bank significantly more sustainable in less than two years? Sasja Beslik believes so, having left J. Safra Sarasin to take the over the reins at Denmark's largest commercial pension fund, PFA. Even though only 1.5 percent of PFA's clients have opted for its climate product after more than a year on the market, it shouldn't become the mandatory savings product, he argues.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch