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Danish FSA issues five injunctions over PFA’s fast-growing alternatives portfolio

There is room for improvement in PFA’s work with alternative investments on several fronts, the national watchdog concluded after inspecting the pension giant’s alternatives portfolio, which has more than tripled in size over the past five years.
After the five injunctions from the Danish FSA, Kasper A. Lorenzen, CIO at PFA, says that he is convinced that PFA has a has "a good, solid setup for alternative investments". | Photo: PR/PFA
After the five injunctions from the Danish FSA, Kasper A. Lorenzen, CIO at PFA, says that he is convinced that PFA has a has "a good, solid setup for alternative investments". | Photo: PR/PFA
By Anne Louise Houmann

An inspection by the Danish FSA, Finanstilsynet, of PFA’s alternative investment unit has resulted in five injunctions and one official reprimand.

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