Many pension funds buy insurance strategies for protection but those willing to take the other side can get well compensated for the risk.
Volatility: Exploiting the benefits, avoiding the pitfalls
Strategies to profit from market gyrations are plentiful, but asset owners still fear a big drop
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
Authorities stand by gender initiative despite difficulties
While Icelandic pension funds support legislation on their boards’ gender ratio, some are struggling to meet its requirements
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
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
The Nobel Foundation embarks on manager reshuffle to improve returns
Diminishing returns have led the Nobel Foundation to rethink its approach to investment
Japanese market rebound revives interest
As Japanese equities surge after 20 years of recession, investors must decide whether this is the start of a sustained recovery or just another dead-cat bounce
Board members face testing time as regulator panel vets suitability
Iceland's pension funds are up in arms at what are characterised as interrogations of pension fund board members. But the inquisitor-in-chief says the interviewees are treated to cake
