Denmark’s PenSam Excludes 26 More Oil Firms
Fund keeps Shell and BP for now, but it will still watch the companies it did not divest from to see if—and how—their ESG efforts are improving.
Tag: Denmark
Newsmakers
Danish Pension Debuts Line of Sustainable Products
AP Pension believes new employees will invest 25% of their pension in sustainable line.
Corporate Moves
ATP Gets a Bitter-Suite Shakeup
Danish pension plan’s Acting CEO Bo Foged finally gets the big promotion, but also loses his CIO, Kasper Ahrndt Lorenzen.
Alternatives
Four Nordic Pension Plans Commit $700 Million to Renewable Energy
Investments will mostly target Asia and Latin America but may dabble in other markets
Risk
Denmark’s ATP Rebounds Big
Fund sticks to its ‘disciplined approach’ despite 21% return in the first quarter.
Newsmakers
Danish Pension CEO Announces Exit Plans
Fund says early warning gives ‘plenty of time’ to find a successor.
Risk
Denmark Pension’s 2018 Ended Badly
ATP loses 3.2% of investment portfolio, due to global stocks and interest rates.
MP Pension Head Wants Danske Bank CEO Gone ASAP
Jens Munch Holst says resigning exec Borgen should not remain at bank until a new chief is found due to money-laundering scandal.
Risk
ATP Returns 3.4% in First Half of 2018
Private equity helps boost Danish pension fund’s market value to more than $47 billion.
Risk
PensionDanmark Sees 2.8% Asset Growth in Tough First Half
Real estate and private equity do OK, while stocks and bonds suffer.
Newsmakers
Denmark’s MP Pension Stops All Danske Bank Trading
Fund says the bank’s developing money laundering scandal violates its responsible investing policy.
Risk
Higher Beneficiary Life Expectancy Pushes Denmark Fund Into Hedging Portfolio
ATP needs higher returns to meet future needs of population, with newborns adding 2-4 years to projected lifespans.
Regulation
Danish Pension Group Proposes 56 ‘Concrete’ Initiatives to Ease Financial Regulations
Committee is curious about more opportunities in digital regulation.
Denmark’s PKA Splits Up Alternative Investment Facility
Responsibilities will be divided between two newly created independent companies.
Research
Danish Pension Fund ATP Returns 29.5% in 2017
Fund adds $4.9 billion for total assets of $126.9 billion.