Jan Østergaard, chief investment officer of the DKr109bn (€14.6bn) Danish pension fund, said the decision to stop investing was down to disappointing returns.
Danish funds' property portfolios undergo radical makeovers
As Unipension chooses to swap domestic property for global real estate funds, other large pension funds are heading in the opposite direction and putting their faith firmly in the Danish market
Pulling power of large hedge funds causes holdup on fees
In spite of continued pressure to reduce high management fees, an overwhelming bias towards large hedge funds means schemes are still paying the price
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: Gustav Hagerud, deputy chief executive officer and head of asset management, AP3
Three questions to AP3's Gustav Hagerud about the market impact from Basel III and the opportunities it creates for investors
Investors endorse UNPRI plan on hedge fund governance
A discussion paper aims to provide asset owners with information whether their approach to hedge funds is consistent with their commitment to responsible investment
Pension funds side-step currency ban with private equity deal
Despite capital controls banning Icelandic investment in foreign companies, several pension funds in the country have begun doing so
Small hedge funds should survive AIFM directive
Larger alternative asset managers may be able to more easily absorb the costs of compliance with AIFMD, but big is not necessarily better
Infrastructure loans: Paid enough to sacrifice liquidity?
PensionDanmark’s experience can provide lessons for other investors on how to approach the asset class
Real estate focus: Going global in an uncertain world
Ease of access afforded by recent product development means investing outside domestic borders warrants serious attention from investors
