Asset Allocation
$125B Danish Pension Removes Defense Stocks From Blacklist
PFA, Denmark’s largest pension, will allow investments in select defense companies amidst an increase in European defense spending.
Tag: Denmark
Pensions
PensionDanmark Sells Tesla, Puts It on ‘Exclusion List’ Over Union Dispute
The car manufacturer is refusing to enter into a union agreement in adjacent Sweden.
Corporate Moves
Pernille Jessen Appointed as CIO of Denmark’s AP Pension Fund
The investment chief was hired from AkademikerPension, where she was co-CIO.
Pensions
Netherlands Ranks 1st Among 47 Global Pension Systems
The 2023 Mercer CFA Institute Global Pension Index ranked pension funds around the world on adequacy, sustainability and integrity; the US got a C+.
Newsmakers
Danish Pension Fund P+ Names New Managing Director
CIO Kåre Hahn Michelsen has been promoted to succeed Søren Kolbye Sørensen as head of the $21.5 billion fund.
Newsmakers
PensionDanmark CEO to Step Down in October
Torben Pedersen, the pension fund’s first employee and CEO, will leave the post after more than 30 years.
Research
Pension Investments Boost Corporate Productivity, Study Says
Production leaps 3.5% for public companies, thanks to extra capital.
Pensions
Iceland Tops Global Pension Index Again
The Netherlands and Denmark round out the top three for the second straight year.
Asset Allocation
Danish Pension Fund ATP Loses 36.4% in First Half of 2022
Falling equity markets and rising interest rates are blamed for the portfolio’s $7.7 billion loss.
The Role of Life Expectancy in Retirement Age Around the World
An increasing number of governments are pegging retirement age to life expectancy, but it comes with consequences.
Asset Allocation
Green Fossil Fuel Companies: Are They Possible?
The data so far seems grim, with one notable exception.
Risk
$150 Billion Danish Pension Fund Decides to Increase Risk
The fund is the largest of its kind in Denmark.
Pensions
Iceland’s Retirement System Leads Global Rankings
A report finds the gender gap continues to persist in every retirement system in the world.
Asset Allocation
Denmark’s ATP Loses $200 Million from Bond Exposure
The pension giant’s misstep came from increased sensitivity to interest rates.
Alternatives
Denmark’s ATP Makes Forays into Social Bonds
The pension giant dipped its toe into the increasingly popular instruments with a €95 million investment in 2020.