Photo: Brendan Mcdermid/Reuters/Ritzau Scanpix

Goldman raises USD 14bn for private equity secondaries fund

The firm has separately raised about USD 1bn for a new infrastructure secondaries fund called Vintage Infrastructure Partners.

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Biodiversity is a major focus area for many pension funds. Flower fields, like the one shown here near Danish town Haslev in Denmark can create more biodiversity, wild nature and allow bees, insects and butterflies to feed. | Photo: Finn Frandsen/Ritzau Scanpix

Akademiker Pension increases focus on biodiversity

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CEO Peder Hasslev is unimpressed with Alecta's investment in Heimstaden Bostad. | Foto: PR / Alecta

Alecta’s CEO rejects controversial Heimstaden investment

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Photo: David Goldman/AP/Ritzau Scanpix, Jens Dresling, Lars Hansen/Ritzau Scanpix, Thomas Borberg.

Only one Nordic fund market increased its AUM in August

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Finland's LocalTapiola Asset Management, headquartered in Espoo, manages approximately EUR 2bn in private equity and private credit investments. | Foto: PR LocalTapiola.

Operational landscape increases popularity of private credit, Finnish manager says

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Stockholm-based AMF's Swedish equity investments pulled in a return of 7.2% in H1 this year. | Foto: Pexels: Nadine Wuchenauer.

AMF appoints new manager for Swedish equities

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Swedish FSA reprimands troubled pension giant
Swedish government body believes that pension firm Alecta failed to properly report its calculations of markets risks in connection with its Heimstaden investment, Svenska Dagbladet reports.
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Global equities are boosting Danish pension funds
The latest investment statistics from trade association Insurance & Pension Denmark show that global equities are particularly instrumental in securing returns for Danish pension funds.
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Critics lambast Alecta for secrecy and "incompetence" in major real estate investment
The Swedish pension firm’s investment strategy in Heimstaden Bostad has been built on a risky high leverage ratio. The more money the real estate company borrowed, the higher the returns for Alecta.
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EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"
The Nordic responsible investors should think twice before underweighting emerging market stocks, Tim Love, investment director at Swiss asset manager GAM says in an interview with AMWatch.
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ATP on admitting billionaire investors into new venture: Our strategy remains unchanged
The Danish state pension fund does not wish to comment on the new investors, but states that its strategy is unaffected.
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Asset managers rebuffed as EU cracks down on use of ‘ESG’
Asset management giants criticize EU plans to restrict the use of ”ESG” and ”sustainability” in fund names, but the proposal will not be abandoned, EU watchdog says.
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Nykredit to divest more than 60 fossil fuel companies
As part of its climate plan, Nykredit will additionally block new loans to oil, gas and coal companies.
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Sweden's church pension fund finds new head of sustainable investing
The role had been vacant since late last year, when former head of sustainable investing left the fund to join Nordea Wealth Management.
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Folketrygdfondet rejects unlisted assets – favors new unit for smaller listed Nordic companies
In a new recommendation to the Ministry of Finance, Folketrygdfondet points to setting up a new investment team in the Northern part of Norway.
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Swedish agency's new comms head will engage with fund managers
Fondtorgsnämnden (FTN) hires former financial journalist to be in charge of its communications. The agency is busy with the first procurement for its fund platform.
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UK boutique manager opens Nordic office
Polar Capital has opened an office in Stockholm to accelerate the firm’s expansion in the Nordic region.
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Departing CEO receives two years' salary in exit package from PensionDanmark
Two years’ salary and payment during the notice period is the basis for the large sum that PensionDanmark is spending upon parting ways with the long-standing CEO.
Despite huge investment, Alecta has little control over troubled real estate giant
The pension firm’s 38% stake in the debt-ridden real estate company Heimstaden may end up being costly. Head of Swedish FSA has disqualified himself from its investigation into Alecta’s investment.
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Mandatum, Handelsbanken and Storebrand were the real winners of Q2
In AMWatch’s comparison of the Nordic asset managers, we take a closer look at net flows and what the managers see as drivers behind them in Q2 and the first half of 2023.
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Major PE investor considers divesting Finnish healthcare giant
Deliberations are at an early stage, and there’s no certainty they will result in a deal, sources familiar with the matter say, according to Bloomberg.
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NATO's fund is in discussions with several Finnish investment funds, founder says
NATO Innovation Fund will invest in start-ups located in 23 participating allied nations, as well as indirect investments into deep tech funds with a trans-Atlantic impact.
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Oil fund tightens climate demands and adopts policy on carbon credits
Norway’s oil fund will demand more climate action from the companies it invests in, as it tells boards to move from target-setting to transition planning.
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Major Swedish pension fund focuses on engagement with most polluting portfolio companies
The AP3 buffer fund insists that companies with big carbon footprints have ”valid and trustworthy” plans to reach net-zero emissions, its CEO tells AMWatch.
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BankInvest strategist to manage balanced portfolios with a former colleague at SEB
At SEB, the former BankInvest investment strategist will become a portfolio manager.
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Analysis: Will investors regain confidence in China?
Gone are the days of the Chinese investment adventure. China investments are currently excluded from a growing number of funds. Now, the question is whether confidence in China can be rebuilt.
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Goldman raises USD 14bn for private equity secondaries fund

Akademiker Pension increases focus on biodiversity

Alecta’s CEO rejects controversial Heimstaden investment

Only one Nordic fund market increased its AUM in August

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

Global equities are boosting Danish pension funds

Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

ATP on admitting billionaire investors into new venture: Our strategy remains unchanged

Asset managers rebuffed as EU cracks down on use of ‘ESG’

Nykredit to divest more than 60 fossil fuel companies

Sweden's church pension fund finds new head of sustainable investing

Folketrygdfondet rejects unlisted assets – favors new unit for smaller listed Nordic companies

Swedish agency's new comms head will engage with fund managers

UK boutique manager opens Nordic office

Departing CEO receives two years' salary in exit package from PensionDanmark

Despite huge investment, Alecta has little control over troubled real estate giant

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Major PE investor considers divesting Finnish healthcare giant

NATO's fund is in discussions with several Finnish investment funds, founder says

Oil fund tightens climate demands and adopts policy on carbon credits

Major Swedish pension fund focuses on engagement with most polluting portfolio companies

BankInvest strategist to manage balanced portfolios with a former colleague at SEB

Analysis: Will investors regain confidence in China?