Bankinvest hungry for more real estate in Denmark

As a result of unexpectedly high demand, Danish asset manager Bankinvest is buying a new portfolio of commercial real estate in Denmark from pension fund PFA. But even with this new addition, the firm just cannot keep up with investors' appetite for the assets, its CIO tells AMWatch's sister site EjendomsWatch.

Andrea Panzieri, CIO at Bankinvest and BI Asset Management. | Photo: PR

Sacha Sennov

Asset manager Bankinvest is boosting its real estate activities and buying DKK 300 billion (EUR 40 billion) of commercial real estate from the pension fund PFA.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

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

Responsible Investing

AkademikerPension increases focus on biodiversity

With new initiatives, AkademikerPension wants to engage in a biodiversity dialog with large Danish companies.

For subscribers

Foto: Brendan Mcdermid/Reuters/Ritzau Scanpix

Fund Management

Goldman raises USD 14bn for private equity secondaries fund

For subscribers

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

AMNews

Only one Nordic fund market increased its AUM in August

For subscribers

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

Pension

Alecta’s CEO rejects controversial Heimstaden investment

For subscribers

Pension

Global equities are boosting Danish pension funds

For subscribers

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

AMNews

Operational landscape increases popularity of private credit, Finnish manager says

For subscribers

AMF appoints new manager for Swedish equities
The new manager for Swedish equities has previously worked for three Nordic banks.
For subscribers
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.
For subscribers
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.
For subscribers
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.
For subscribers
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.
For subscribers
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.
For subscribers

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

AMNews

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.

For subscribers

Viktor Ström will join Fondtorgsnämnden on October 1st. | Photo: Fondtorgsnämnden / PR

Pension

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.

For subscribers

A Swedish daily is reporting on a heated email exchange between government watchdog Finansinspektionen and Alecta. | Foto: Finansinspektionen

Pension

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.

For subscribers

From top left to bottom right: Petri Niemisvirta, CEO at Mandatum Group, Jan Erik Saugestad, CEO at Storebrand Asset Management, Magdalena Wahlqvist Alveskog, CEO of Handelsbanken Fonder, Masih Yazdi, Chief Financial Officer at SEB, Ralf Magnussen, CEO at Nykredit Asset Management, Snorre Storset, head of Nordea Asset & Wealth Management, Lars Bo Bertram, CEO at BankInvest, and Håkon Hansen, head of DNB Wealth Management. | Foto: Pr / Mandatum, Storebrand, Handelsbanken, Seb, Nykredit, Nordea, Bankinvest and Dnb.

Fund Management

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.

For subscribers

Tim Love has been managing GAM Investment's Emerging Market equity strategy since 2012. | Foto: PR/GAM

Fund Management

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.

For subscribers

Jobs

See all jobs

Bankinvest hungry for more real estate in Denmark

Read the whole article

With your free trial you get:

Get full access for you and your coworkers

Share article

Sign up for our newsletter

Front page now

AkademikerPension 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

Alecta’s CEO rejects controversial Heimstaden investment

Only one Nordic fund market increased its AUM in August

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

Swedish FSA reprimands troubled pension giant

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

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

Jobs