ATP’s Henrik Gade Jepsen tells Caroline Liinanki why it has closed its internal hedge fund unit and how it plans to invest going forward
PKA allocates specific mandate to emerging market corporates
When PKA split its high yield portfolio into regional exposures, it had to decide whether its US and Europe-based managers would retain the emerging market corporate debt exposure
Reports into Finnish pension system raise a few eyebrows
Finland’s pension system is in good health, but pension companies should look to reduce administration costs and abandon their equity home bias, according to two foreign experts
Further disagreements and Solvency II complexity delays system reform
The government’s banking law commission hits a brick wall as overoptimistic timescales and a concerned industry mean hopes of passing a new pension law are delayed
EC letter intensifies Swedish confusion around Solvency II and IORP II
Correspondence seeking to clarify the relationship between the two directives has entirely the opposite effect
Industry welcomes FSA ruling requiring full disclosure on alternative investments
Plummeting interest rates have sped up the inflows into alternative assets, but accurate valuations of illiquid portfolios may prove tricky
In focus: Staffan Sevón, llmarinen’s head of tactical allocation and head of Ilmarinen Alpha
Four questions to Staffan Sevón, llmarinen’s head of tactical allocation and head of Ilmarinen Alpha and former chief investment officer of Veritas
Big five make plans for PPP projects
Denmark’s five largest pension companies have joined forces to push forward the discussion around how public-private partnerships can be implemented.
Proposed merger will challenge top insurers
The planned merger between €9.7bn LocalTapiola Pension and €7.5bn Pension Fennia to create a substantially stronger pension insurance company will widen the gap between the top three companies and the rest of the field
Government goes cold on project funding
Iceland’s government has announced it will not call on the pension sector to fund a new university hospital
