Bettina Lange has been responsible for Castellum's Danish activities for the past seven years. | Foto: PR

Castellum's Danish country manager to join Norwegian pension investor

Swedish Castellum loses its Danish country manager, Bettina Lange, who will become CEO of Norwegian-owned KLP Ejendomme based in Copenhagen.

For subscribers

Adam Kybird is the fund manager of the Triodos Food Transition Europe Fund. | Foto: PR/Triodos

Fund Management

Impact pioneer eyes investor appetite for a food revolution

As interest from institutional investors grows, Dutch impact investor Triodos Investment Management is aiming to make several new additions to its Food Transition Europe Fund.

For subscribers

Ingrid Bonde has stepped down as chair of Alecta's board. | Foto: Evelina Carborn / Alecta PR

Pension

Alecta’s chair resigns from board of the troubled Swedish pension giant

Ingrid Bonde has chaired Alecta during a turbulent period when risky investments in Heimstaden Bostad and three US niche banks came under increased scrutiny. Now she is history at the pension giant.

For subscribers

70 companies are part of the Science Based Targets climate initiative. | Foto: Jens Dresling

Responsible Investing

Two Danish pension funds first in the world to receive approval from climate initiative

In the future, AkademikerPension and PensionDanmark will push their portfolio companies to meet CO₂ targets due to the Science Based Targets initiative’s validation of the funds’ climate plans.

For subscribers

Pension

Storebrand maintains its first municipal pension deal

Askøy municipality was Storebrand’s first municipal pension client, and the deal has now been extended.

For subscribers

Ole Mikkelsen joined as head of commercial real estate fund BI Erhvervsejendomme in January 2020 and has since then also been responsible for residential rental properties fund BI Boligejendomme. | Foto: PR / Bankinvest

Fund Management

BankInvest's two alternative funds in negative territory

Investors have withdrawn from BankInvest’s two alternative real estate funds in the first half of 2023, and the funds are expected to deliver negative returns for the remainder of the year.

For subscribers

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Carl Haglund (l.), CEO of Veritas and Carl Pettersson, CEO of Elo. | Foto: PR Veritas and Elo.

Pension

Finnish pension fund CEOs propose higher risk to overcome demographics

CEOs of pension insurance companies Veritas and Elo comment on the Finnish government’s plans to kick off yet another pension reform as part of efforts to save the welfare state.

For subscribers

Did you read?

Alecta’s CEO rejects controversial Heimstaden investment

The Swedish pension giant’s new CEO understands if Alecta’s customers are angry with the much criticized investment in Heimstaden Bostad, he says in a newspaper interview.

For subscribers

People

S-Bank's head of WM moves to bigger role and asset volumes at OP

S-Bank is looking for a new head of wealth management and deputy CEO, following Hanna Porkka’s announcement that she is joining OP Financial Group next spring.

For subscribers

Mandatum headquarters in Helsinki, Finland. | Foto: PR / Mandatum

AMWatch

Mandatum set to debut in Helsinki in biggest listing since 2005

Sampo Oyj is spinning off its unit Mandatum, the biggest addition to Helsinki’s stock market in almost two decades.

For subscribers

Kim Mikkelsen (left) sees positive prospects in Jan Johan Kühl and Polaris' decision to enter the market for listed companies. | Foto: Strategic Investments/Polaris

Fund Management

Polaris welcomed into new territory: "There is a huge need for capital"

Kim Mikkelsen, CIO of Strategic Investments, thinks that valuations are currently at an attractive level in the small-cap segment.

For subscribers

Foto: Agustin Marcarian/Reuters/Ritzau Scanpix

Responsible Investing

AP2 teams up with think tank to identify deforestation exposure in global portfolios

A collaboration between Swedish buffer fund AP2 and think tank Climate & Company aims to offer other investors a guideline to identify potential exposure to deforestation.

For subscribers

Did you read?

Only one Nordic fund market increased its AUM in August

While the Norwegian and Finnish investment fund markets continued to see positive net flows in August, Swedish and Danish markets saw outflows. (Updated)

For subscribers

Fund Management

Loss-making trading platform plans to delist

NORD.Investments, which offers robotic investment advice, may soon be a thing of the past at small business exchange First North, where the company was listed in 2021.

For subscribers

Charlotte Mansson (left) and Elisabeth Sterner are BlackRock's head of sustainable & transition solutions, Nordics and Netherlands, and head of Nordics, respectively. | Foto: BlackRock PR / Jeppe Carlsen / Håkan Målbäck

Responsible Investing

BlackRock: High number of US investors plan to increase allocation to green transition

More than half of the institutional investors polled in a new BlackRock survey are planning to increase their low-carbon allocation. In the Nordic region and the US, the percentage is even higher.

For subscribers

Pension

Despite predicting more losses, Alecta is prepared to increase Heimstaden investment

The Swedish pension giant has reinvested profits from its investments in Heimstaden Bostad in the troubled real estate company. The most recent investment consisted entirely of share dividends.

For subscribers

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

Transactions in the Nordic real estate markets are moving again. ”It’s getting crowded,” says Storebrand AM’s head of real estate, Truls Nergaard.

For subscribers

GENDER BALANCE: It takes time to achieve gender balance "and it must take time. Promotions must be fair," says NBIM CEO Nicolai Tangen. | Photo: Synnøve Prytz Berset

AMNews

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

The proportion of women at Norway’s oil fund is increasing and more women are staying, but the transition takes time.

For subscribers

The outside tower is painted in a steel gray color, but the inside is untreated, with the Finnish spruce wood grain on full display. | Foto: PR / Modvion

AMNews

Startup bets wood can make wind turbines even greener

Swedish startup Modvion is building a wind turbine tower out of wood, aiming to reduce the carbon footprint by more than 90%.

For subscribers

Pension

Pension funds abandon dialogues with oil majors and divest shares

Engaging in a dialogue with climate-harming oil and gas companies does not help, says AkademikerPension, among others. PFA holds the opposite view.

For subscribers

Flemming Højbo writes analyses for AMWatch about the Nordic asset and wealth management sector. Højbo was head of communications in the asset management industry for 15 years, and before that, he worked for 25 years as financial and business reporter and editor. | Foto: Jan Bjarke Mindegaard

Fund Management

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Investors have increased their focus on biodiversity, though it is a complex area. Could some of the major Nordic investors become frontrunners of such complex problem-solving?

For subscribers

From left: The portfolio managers Joakim By, Christoffer Halldin and Simon Park who were all poached from Handelsbanken Fonder last year to take charge of Coeli's sustainable "Circulus" strategy. | Foto: PR/Coeli

Fund Management

Swedish asset manager kicks off new fund with leading Nordic institution

Demand from institutional investors has prompted Coeli to launch a new Article 9 fund focused on US-small cap companies.

For subscribers

Hanna Kaskela, senior vice president, sustainability & communications at Varma.

AMNews

More than one third of managers do not report ESG violations to Varma, despite shared values

In a fresh survey by Varma, only 62% of fund managers employed by the pensions giant say they would inform the company about violations of ESG principles.

For subscribers

Danes risk paying too much and getting too poor returns in Danish investment funds if the ratio between costs and returns is not evaluated by the board of directors, says the Danish FSA. | Foto: Thomas Borberg

Fund Management

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

The Danish FSA has investigated seven investment funds with unsatisfactory returns and/or high costs, and the authority now calls for better evaluation from the boards of mutual funds.

For subscribers

Maria Storm Kristensen is the new chief technology officer at BankInvest. | Foto: PR

People

BankInvest to optimize investment processes with new hire

On Oct. 1, Maria Storm Kristensen will join Danish asset management and investment fund provider BankInvest as chief technology officer.

For subscribers

AMNews

World’s no. 1 stock owner calls out Big Oil as carbon levels go up

The manager of Norway’s gigantic oil fund regularly meets with the biggest emitters in its portfolio, says its chief governance and compliance officer Carine Smith Ihenacho.

For subscribers

Olivier Van Eyseren, head of BlackRock’s financial institutions group in EMEA, and Jon Valdelin, head of Nordic institutional client business at BlackRock. | Foto: PR BlackRock.

AMNews

Nordics show clear appetite for new asset classes, BlackRock survey reveals

Nearly 70% of Nordic respondents in BlackRock’s survey are looking to invest in clean energy infrastructure, says Jon Valdelin, head of institutional client business for Nordic Region at BlackRock.

For subscribers

Emine Isciel, head of climate and environment at Storebrand Asset Management. | Foto: PR / Storebrand

Responsible Investing

28 Nordic investors in new alliance to engage companies on nature risk

The investors have sent out letters to the 100 companies outlining their expectations of how the companies will mitigate nature-related risks. Four Nordic companies feature on the list.

For subscribers

Castellum's Danish country manager to join Norwegian pension investor

Impact pioneer eyes investor appetite for a food revolution

Alecta’s chair resigns from board of the troubled Swedish pension giant

Two Danish pension funds first in the world to receive approval from climate initiative

Did you read?

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Storebrand maintains its first municipal pension deal

BankInvest's two alternative funds in negative territory

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Jobs

Finnish pension fund CEOs propose higher risk to overcome demographics

Did you read?

Alecta’s CEO rejects controversial Heimstaden investment

S-Bank's head of WM moves to bigger role and asset volumes at OP

Mandatum set to debut in Helsinki in biggest listing since 2005

Polaris welcomed into new territory: "There is a huge need for capital"

AP2 teams up with think tank to identify deforestation exposure in global portfolios

Did you read?

Only one Nordic fund market increased its AUM in August

Loss-making trading platform plans to delist

BlackRock: High number of US investors plan to increase allocation to green transition

Despite predicting more losses, Alecta is prepared to increase Heimstaden investment

Most read

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Startup bets wood can make wind turbines even greener

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

BankInvest to optimize investment processes with new hire

World’s no. 1 stock owner calls out Big Oil as carbon levels go up

Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk