Green investments have prompted Pensam to rethink its FX hedging strategy

Alternative investments outside Europe have led Danish pension fund Pensam to increasingly match the FX hedging contracts to its long-term investments.
Jannik Teigen Hjelmsted, Head of Liquid Assets and Portfolio Analysis at Pensam. | Photo: PR/Pensam
Jannik Teigen Hjelmsted, Head of Liquid Assets and Portfolio Analysis at Pensam. | Photo: PR/Pensam

With alternatives taking up a more significant part of the portfolio, Danish EUR 21bn pension fund Pensam has changed its strategy for FX hedging.

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