Many pension funds buy insurance strategies for protection but those willing to take the other side can get well compensated for the risk.
Quarterly survey ETFs: Danish Dip/Jøp prefers futures and swaps to ETFs
The exchange traded fund industry may be growing rapidly, but many Nordic pension funds are yet to find a use for ETFs in their investment portfolios.
Morten Malle, chief investment officer, Lærernes Pension
Considering how to optimise the risk-return profile of the portfolio, Lærernes Pension’s CIO Morten Malle tells Caroline Liinanki why adding more strategies and new asset classes makes sense
Denmark moves to draft guidelines on sovereign bonds
Following criticism of Danish pension funds’ investment in African ‘blood bonds’, a working group is trying to establish a policy for sovereign bond investments
Danish funds make strategic shift to Eonia swaps for liability hedging
Having made the strategic decision to hedge its liabilities using Eonia swaps, Denmark’s PKA says its members’ pensions should not depend on mistrust between banks for a non-traded rate
Maintaining trust at a testing time for the financial sector
Steen Jørgensen tells Caroline Liinanki about the major challenges facing the pension industry, the diminishing trust in pension funds and about being the subject of negative media coverage
Pension funds urge regulator to rethink board legislation
Danish pension funds are lobbying Finanstilsynet, the Danish financial supervisory authority, to change new requirements for board members of financial institutions.
When volatility can kill
Market volatility, liquidity and cash flows are the three layers of risk that Denmark’s LD is building its portfolio around. Its CIO Claus Buchwald Christjansen tells Caroline Liinanki about its dilemmas
Danica Pension in diversification drive
Danica Pension is looking to add more exciting investments to its portfolio. Infrastructure, forestry, collateralised loan obligations and stakes in unlisted companies are some of the asset classes it is targeting.
Reconciling regulation with long-term investment
Allan Polack, chief executive officer of Nordea Asset Management, is heading up a task force that looks to influence policymakers in Brussels to ensure regulation does not hinder institutional investors from making long-term investment decisions.
