Small cap firms wise to ESG challenges, claims Danske on new launch
Danske Invest is launching an ESG-tilted Swedish small-cap fund in the midst of the country's general election and the prospect of declining business conditions. AMWatch questioned the newly-hired fund manager about ESG in the small-cap sector, the forthcoming election and his investment style.
Petter Löfqvist had been handpicking Swedish small-cap stocks for a decade, when Danske Bank hired him in April as senior portfolio manager --- first at Finland's Evli and later at Swedish bank and insurer Länsförsäkringar.
Farmland has performed well in an otherwise horrendous year for risky assets. Institutional investors generally search for uncorrelated return streams, potential green benefits and inflation hedges, and while the asset class ticks these boxes, it also comes with significant risks.
PFA’s real estate department is changing its strategy in expectation of more interest rate increases and recession, says the head of Nordic real estate, while three projects are being paused as ”it didn’t make sense to keep going.”
New opportunities to allocate more to riskier assets mean changes are being made at ATP. A restructuring of the central IT system has been the toughest nut to crack in the restructuring, which has been described as the most comprehensive change in the pension giant’s 60-year history.