28/06/2018at 13:40

Pensam keeps asset managers on a short leash with ESG

Having systemized its screening process, Pensam now analyzes its asset managers' efforts on environmental, social and governance (ESG) criteria. The Danish pension provider plans to follow up on these results, and asset managers failing to move in a positive direction will be ousted, says CEO Torsten Fels.

Torsten Fels, CEO of Pensam | Photo: PR.

by MICHAEL TRIER DUELUND

Danish labour-market pensions firm Pensam is tightening the net around the asset managers it uses to invest for its 400,000 customers.

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.

Front page now

Influencers that advise on financial products have drawn the attention of the European Commissioner for financial services, Mairead McGuinness. | Foto: Aurore Martignoni / European Union

Fund Management

EU to crack down on "finfluencers"

Financial companies must be held responsible if hired influencers do not disclose the risk tied to investments, and violations should lead to fines or license suspension, says the EU Commission.

EU to combat "biased and unfair" investment counseling

For subscribers

Hanna Kaskela, director of responsible investment at Varma. | Foto: PR Varma.

AMNews

Finnish pension giant revamps the role of responsible investment

For subscribers

Håvard Gulbrandsen is the CEO of KLP Kapitalforvaltning, the asset manager of Norway's largest pension company Kommunal Landspensjonskasse (KLP). | Foto: PR / KLP

AMWatch

KLP: Nordic investor's share of active funds is irrational

For subscribers

AMNews

AMWatch closed on Monday, May 29

"The purpose of this law package is to improve results for retail investors," Executive Vice-President of the European Commission, Valdis Dombrovskis says. | Foto: Tt News Agency/Reuters/Ritzau Scanpix

Fund Management

EU to combat "biased and unfair" investment counseling

For subscribers

At least 40,000 years old paintings that depict animals discovered in caves on the island of Sulawesi are rewriting the history of art. | Foto: Handout/Reuters/Ritzau Scanpix

AMNews

Oil fund puts Indonesian company on observation list, fearing damage to cultural heritage

EU to crack down on "finfluencers"

Financial companies must be held responsible if hired influencers do not disclose the risk tied to investments, and violations should lead to fines or license suspension, says the EU Commission.

For subscribers

AMWatch

KLP: Nordic investor's share of active funds is irrational

Nordic investors have way too much money allocated to actively managed funds that are too expensive and inefficient, the CEO at KLP Kapitalforvaltning says in an interview with AMWatch.

For subscribers

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

AMNews

BlackRock's fresh research indicates significant ETF growth potential in the Nordics

Driven by a new generation of young investors and their affinity for digital platforms, the Nordic ETF market is poised for a remarkable level of growth, says Karina Schmitt Lund of BlackRock.

For subscribers