Investor Profile
Why risk parity investors have lost faith
Denmark's Kasper Lorenzen, group CIO at PFA explains why he's lost his faith in risk parity.
Sarah RundellApril 7, 2022
Investor Profile
PFA navigates corona storm
In the six months Kasper Lorenzen has been CIO of the Danish fund, PFA, he has made moves in investment and decision-making that have resulted in the fund weathering the short-term coronavirus storm. He is however, wary of the long-term structural changes particularly to patterns of globalisation.
Sarah RundellMarch 18, 2020
Asset Classes
Going direct puts wind in PFA’s sails
The $77 billion Denmark pension fund PFA has turned to direct investment for its alternatives, taking stakes with varying levels of risk in areas such as telecommunications and wind farms.
Peter Tind LarsenOctober 18, 2018
Investor Profile
PFA poised for alternatives assault
Alternatives the focus for Danish fund PFA, under the guidance of Henrik Nohr Poulsen who joins from Industriens Pension.
Sarah RundellMarch 23, 2016
Investor Profile
Danish PFA mutes Euro pessimism
Danish pension investor PFA is continuing a switch out of European government bonds in favor of global equities, but has begun reinvesting in Europe’s southern periphery. DKK-350-billion ($63-billion) PFA announced a $900 million purchase of equities in April, commenting at the time that the crisis in Cyprus had increased the risk to its European bond […]
Dan BillinghamNovember 22, 2013
Investor Profile
PKA seeks to satisfy its infrastructure hunger
The DKK200-billion ($35-billion) Danish medical professionals pension fund grouping, PKA, wants its government to help satisfy its appetite for investing in major infrastructure projects. Frank Jensen, an analyst on its asset strategy team, says PKA “is eager to get started” on sealing public-private partnerships with the Danish government, but its plans “have not come as […]
Dan BillinghamMarch 15, 2013