Just one in 27 asset managers outperforms equity market

Actively-managed equity funds don't make sense, the Danish national consumer council says.

Only one asset manager out of every 27 firms managed to produce higher returns than the equity market as a whole in 2018, data from Morningstar and Nasdaq reveal, according to a news report from Danish news service Berlingske.

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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. | Foto: Finn Frandsen/Ritzau Scanpix

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

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Only one Nordic fund market increased its AUM in August

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

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Alecta’s CEO rejects controversial Heimstaden investment

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Global equities are boosting Danish pension funds

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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.

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Critics lambast Alecta for secrecy and "incompetence" in major real estate investment
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ATP on admitting billionaire investors into new venture: Our strategy remains unchanged
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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.

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Pension

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.

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

AMWatch

AMF appoints new manager for Swedish equities

The new manager for Swedish equities has previously worked for three Nordic banks.

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Pension

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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Fund Management

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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AMNews

Operational landscape increases popularity of private credit, Finnish manager says

A thoroughly diversified alternative credit fund is benefiting from the new operating environment, says Tero Pesonen, director for private equity and private credit at LocalTapiola.

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Just one in 27 asset managers outperforms equity market

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Front page now

Akademiker Pension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

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

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

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

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

Further reading

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

AMF appoints new manager for Swedish equities

Global equities are boosting Danish pension funds

Goldman raises USD 14bn for private equity secondaries fund

Operational landscape increases popularity of private credit, Finnish manager says

Jobs