Investor Strategy – Page 22
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Icelandic pension funds nearing foreign allocation goals, says central bank
Foreign currency purchases dipped in November to March to a quarter of the level seen previously
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Sampension says low exposure to large growth stocks helped in Q1
Danish pension firm’s CIO says bond portfolio’s make up saved it from worse price falls
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North-Rhine Westphalia applies ‘fossil free’ ESG index to global equities
STOXX used a methodology to control implicit risks, such as industry, regional or company-specific risks to design the index
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PFA’s CIO favours equities as perceptions of risk-free shift
Danish pension fund’s portfolio mapping exercise produced allocation insights
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Norway’s SWF climbs further above equities ceiling after Q1 gains
NBIM beats benchmark by 24 basis points with 4.0% return for GPFG from January to March
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NEST commits £3bn to infra for next decade, hires pair of managers
The scheme plans to invest in fibre networks, social housing, water and waste treatment plants, and seaports
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Pressure from Nordic, UK PFs turns Toyota off anti-climate lobbying
AP7, Church of England, AkademikerPension and Storebrand hail joint dialogue success
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ABP exit settles quarrel with Australian mining firm
ABP had been investing in Jupiter Mines since 2012, when it still was a private firm
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Länsförsäkringar says COVID talks with issuers led to ESG bond surge
Swedish firm piled on SEK7.5bn of sustainability bonds in 2020 bringing total to SEK17bn or 13% of AUM
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PFA’s equities gain 5.9% in Q1, as hedging loss dents average-rate
Denmark’s commercial pensions leader says past portfolio work laid good foundation
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APG increases focus on Dutch investments
‘The current climate is especially suited for active investors’
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Italy roundup: Priamo awards €200m global bond mandate to Payden & Rygel
Plus: Fondapi seeks alternative investment proposals; Arco, Laborfonds, Pegaso’s real economy project; Alifond’s garantito mandate, Solidarietà Veneto’s performance
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Varma invests €200m in BlackRock US ‘transition readiness’ ETF
Finnish pension insurer was only European anchor investor in the €1bn-plus NYSE launch
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Norway SWF to cut number of stocks by 25-30%, shedding smallest
Finance ministry sets out 2021 white paper on Norwegian Government Pension Fund
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Alecta plans to step up big-ticket investments in unlisted equity
Sweden’s largest pension provider has huge scope in allocation policy to expand unlisted, but progress depends on opportunities available
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NBIM revises strategy, builds in Tangen’s focus on mental toughness
Norwegian sovereign wealth fund’s new 2021-22 plan is about fine-tuning, says CEO
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Folksam, KPA set 2025 climate goals, counting on persuasion
Swedish pensions and insurance group aims to slash portfolio emissions by 29% by engaging but divestment ‘may become relevant’
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PostNL pension fund makes farmland allocation over returns, SDGs
Pension scheme has launched a new fund for its farmland investment in cooperation with its fiduciary manager Kempen
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Frjálsi targets domestic recovery plays via funds of unlisted shares
Icelandic pension fund scrutinised pandemic-linked downturn in setting 2021 investment strategy
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AP Funds need same definition of illiquid assets, McKinsey tells Sweden
Swedish pensions buffer funds cut fossils exposure by between 51% and 100% in five years