Danish FSA takes tough stance on asset manager

Danish asset manager Fondsmæglerselskabet Investeringsrådgivning A/S, which recently appointed a new CEO, has been given several direct orders from the Danish FSA. The financial supervisory authority finds that the company's compliance function is lacking necessary resources.

CIO Christian Klarskov and CEO Peter Kubicki from Investeringsrådgivning A/S. | Photo: Niels Hougaard.

by THOMAS BO CHRISTENSEN

A relatively unknown Danish asset manager Fondsmæglerselskabet InvesteringsRådgivning A/S recently appointed former SEB executive Peter Kubicki as its new chief executive.

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Danish FSA takes tough stance on asset manager

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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

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Further reading

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

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

Jobs