DENMARK/UK – First State Investments (FSI) with £7bn (€11bn) under management has won a mandate to manage the £30m pan European small cap portfolio for KP Invest, which is part of SAMPENSION, the Valby-based pension fund administration company that includes Copenhagen based DKr 60bn Kummunernes Pensionsforsikring (KP).

KP is the pension fund company whose membership comprises 185,000 public and private sector workers across Denmark.

The portfolio will be managed out of FSI’s London office.