
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.
Record returns equated to a market rate return of 10.5% for pension plan.
Danish pension plan’s Acting CEO Bo Foged finally gets the big promotion, but also loses his CIO, Kasper Ahrndt Lorenzen.