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AP Pension hires new equities chief

AP Pension is expanding its investment unit, and has found a new head of equities at Nykredit Asset Management. The appointee calls his new job "A golden opportunity".

Rasmus Cederholm, future head of equities at AP Pension. | Photo: PR

AP Pension's investment unit is making space for another desk. The pension fund's chief investment officer (CIO), Ralf Magnussen, has hired Rasmus Cederholm for the newly-established position of head of equities.

Morten Hemmingsen took office on Aug. 1 as head of bonds at AP Pension, which means the pension fund has now created two new units under Ralf Magnussen. To Rasmus Cederholm, who hails from a position as senior portfolio manager at Nykredit Asset Management's global equity unit, and who takes office at AP Pension on Dec. 1, the switch is a "no-brainer".

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