Pension fund picks Danske Bank AM's Head of Alpha as new CIO

Denmark's eighth-largest pension company, P+, has recruited a new CIO from Danske Bank Asset Management. He will replace Mikkel Svenstrup, who has left the pension company to become CIO of the Danish state's labor market pension fund ATP.
Kåre Hahn Michelsen tiltræder 1. maj som ny investeringsdirektør i P+ | Photo: PR/P+
Kåre Hahn Michelsen tiltræder 1. maj som ny investeringsdirektør i P+ | Photo: PR/P+
BY MICHAEL DUELUND, FINANSWATCH

On May 1, Kåre Hahn Michelsen will begin as the new chief investment officer of Danish pension provider P+, which resulted from the merger of domestic pension funds JØP and DIP, the former reveals in a press statement.

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