PFA CIO on lobby's new principles for alternatives: The cornerstone is that we can set fair prices on a daily basis
Earlier this week, interest group Insurance & Pension Denmark agreed on five principles when setting valuations for alternative investments. To PFA's CIO Kasper Lorenzen, a cornerstone is to set a fair price on a daily basis on the alternative investments, which comprise 20 percent the pension firm's assets.
Interest group Insurance & Pension Denmark unveiled Tuesday five new principles pension companies can use as reference points when setting valuations for alternative investments. For PFA, the country's largest commercial pension firm, the new guidelines will not turn the company's business on its head, Chief Investment Officer Kasper A. Lorenzen tells AMWatch's Danish sister media FinansWatch.dk.
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