Manager Selection
Danish Pension ATP Names Mikkel Svenstrup CIO
$133 billion program poaches top investor from P+.
Tag: Denmark
Market Moves
Denmark’s PFA Earns $8.5 Billion in Year’s First Three Quarters
Record returns equated to a market rate return of 10.5% for pension plan.
Research
Netherlands, Denmark Top Global Pension Ranking
US retirement systems ranked 16th out of 37 countries.
Asset Allocation
Danish Pension Funds Sign $52 Billion Green Pledge
Progressive nation aims to be at the vanguard of sustainable investing.
Newsmakers
ExxonMobil, Shell Among 10 Oil companies Dumped By Danish Pension Fund
The move is part of MP Pension’s 2020 ESG plans, which favor the Paris Agreement.
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.
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.