Denmark's PFA slashes property fund costs by taking direct approach abroad
With real estate returns under pressure, the Danish pension fund plans to eschew costly intermediary funds and make more direct investments abroad. A large investment deal is already in the pipeline in Asia, PFA's CFO tells EjendomsWatch, AM's sister site, in an interview.
The soon-to-be former Head of Sustainable investing at PFA, Sasja Beslik, recently said he was “sick of greenwashing”. Talking to AMWatch, he berates the global ESG industry, calling most funds an empty construct.
Some of Aktia’s international investors started to rebalance away from emerging market products as a consequence of Russia’s newest attack on Ukraine, says CEO Mikko Ayub. The Finnish manager has several new products under development.