Industriens Pension excludes tar sand companies

A dozen companies that extract tar sand have ended up on Industriens Pension's exclusion list.

Tar sand extraction in Alberta, Canada. | Photo: Greenpeace

Industriens Pension has released its annual report about responsible investing and active ownership.

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Biodiversity is a major focus area for many pension funds. Flower fields, like the one shown here near Danish town Haslev in Denmark can create more biodiversity, wild nature and allow bees, insects and butterflies to feed. | Foto: Finn Frandsen/Ritzau Scanpix

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Only one Nordic fund market increased its AUM in August

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CEO Peder Hasslev is unimpressed with Alecta's investment in Heimstaden Bostad. | Foto: PR / Alecta

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Finland's LocalTapiola Asset Management, headquartered in Espoo, manages approximately EUR 2bn in private equity and private credit investments. | Photo: PR LocalTapiola.

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AMF appoints new manager for Swedish equities
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Only one Nordic fund market increased its AUM in August

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Pension

Alecta’s CEO rejects controversial Heimstaden investment

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Goldman raises USD 14bn for private equity secondaries fund

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Stockholm-based AMF's Swedish equity investments pulled in a return of 7.2% in H1 this year. | Foto: Pexels: Nadine Wuchenauer.

AMWatch

AMF appoints new manager for Swedish equities

The new manager for Swedish equities has previously worked for three Nordic banks.

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From top left to bottom right: Petri Niemisvirta, CEO at Mandatum Group, Jan Erik Saugestad, CEO at Storebrand Asset Management, Magdalena Wahlqvist Alveskog, CEO of Handelsbanken Fonder, Masih Yazdi, Chief Financial Officer at SEB, Ralf Magnussen, CEO at Nykredit Asset Management, Snorre Storset, head of Nordea Asset & Wealth Management, Lars Bo Bertram, CEO at BankInvest, and Håkon Hansen, head of DNB Wealth Management. | Foto: Pr / Mandatum, Storebrand, Handelsbanken, Seb, Nykredit, Nordea, Bankinvest and Dnb.

Fund Management

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

In AMWatch’s comparison of the Nordic asset managers, we take a closer look at net flows and what the managers see as drivers behind them in Q2 and the first half of 2023.

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Responsible Investing

Akademiker Pension increases focus on biodiversity

With new initiatives, AkademikerPension wants to engage in a biodiversity dialog with large Danish companies.

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Industriens Pension excludes tar sand companies

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Related articles:

Crisis fires up pension funds' calculators: What are private assets worth in a corona-riddled world?

Media: Authorities may clamp down on pension funds' valuations of unlisted investments

Danish pension funds' private market investments have grown by a third in two years

Sign up for our newsletter

Front page now

Akademiker Pension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

Asset managers rebuffed as EU cracks down on use of ‘ESG’

ATP on admitting billionaire investors into new venture: Our strategy remains unchanged

Further reading

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Goldman raises USD 14bn for private equity secondaries fund

AMF appoints new manager for Swedish equities

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Akademiker Pension increases focus on biodiversity

Jobs