Asset Owner Directory


PensionDanmark is an occupational pension company that aims to ensure members a good supplement to the public welfare benefits when they retire or if they lose their ability to work. PensionDanmark is one of the 50 largest pension funds in Europe. They are a non-profit labour market pension fund and had EUR 36bn under management by the end of 2020



AUM ($B)




Chief Executive

Torben Möger Pedersen

Chief Investment Officer

Claus Stampe


Per Christensen

Asset allocation
Investments are managed in a lifecycle product - Members under the age of 46 have the majority of their savings invested in equities, non-investment grade fixed income and alternative investments. When members turn 46 years of age, their savings are gradually switched into more conservative and less volatile holdings, as they approach their retirement age. These holdings are European government and mortgage bonds and investment grade corporate bonds. Asset Allocation as of December 31, 2020 for members under the age of 46 was as follows: Equities and Credit (63.4%), Alternatives (25.8%), Investment Grade Bonds (10.8%). Asset Allocation as of December 31, 2020 for members at the age of 67 was as follows: Equities and Credit (39.5%), Alternatives (28.6%), Investment Grade Bonds (31.9%)

63.4% Allocation for Under 46

25.8% Equities and Credit

10.8% Alternatives

39.5% Investment Grade Bonds

28.6% -Over 67

31.9% Equities and Credit

% Alternatives

% Investment Grade Bonds related articles
Uncategorised posts

PRI governance review to look at differential rights

The PRI has received many queries following the move by six Danish funds to abdicate as signatories over governance concerns. The association is holding a governance review that among other things will discuss the prospect of differential rights among signatories.   When six Danish funds, with a combined $300 billion, decided to leave the PRI […]
Real Estate

New investment pattern in bricks and mortar

Real estate is back in fashion, at least according to a range of recent surveys indicating the growing institutional investor appetite for bricks and mortar. After a tough few years for the industry and with European investors’ priorities changing, the possible renaissance might come with a marked change in investing patterns, though.  More control The […]
Uncategorised posts

Pension funds, where banks no longer go?

There continues to be potential for pension capital appearing where bank lending no longer wants to go. Commentators in the UK and continental Europe have heightened expectations that pension funds will step in to help fill the continent’s bank financing gap. Societe Generale, for instance, recently predicted further “disintermediation” by investors sidestepping banks and looking […]

Learning from Danish funds’ stable alternative

Despite upturns in equity and bond prices sending 2012 returns into double digits at many large Danish funds, it appears that successfully implementing infrastructure initiatives remains the holy grail of Danish institutional investing. Instead of merely basking in 12.9-per-cent annual returns, Industriens Pension, for instance, used its 2012 results announcement to make a commitment to […]
Asset Owner Directory