Subscribe Login
Asset Owner Directory

PFA Pension

PFA is a Danish pension company that also offers savings options for private customers and several solutions within insurance health and housing. Founded in 1917, PFA now has more than 1.3 million customers and 6000 corporate and organisational customers.

Country

Denmark

AUM

$125

Performance (%, 1YR)

11.10

Chief Executive

Ole Krogh Petersen

Chief Investment Officer

Kasper Ahrndt Lorenzen

Chair

Kim Duus

Asset allocation
Based on PFA Plus

51% Equities

29.7% Bonds

9.6% Alternative Investments

9.8% Real Estate

Website
View the annual report
Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Danish investors shun the US but complete divestment ‘unlikely’

Danish pension investors are pulling capital out of US Treasuries amid tensions around Greenland, but a complete divestment from the world’s biggest market will hurt Danish funds’ performance and ultimately their pensioners more than the US government’s balance sheet.

Darcy Song

January 22, 2026

Denmark’s PFA: Passive with a caveat and why an AI reset lies ahead

Kasper Lorenzen, chief investment officer of Denmark's PFA explains why passive is no longer applicable to the complex equity strategies that do much more than follow an index. He also explains why he believes an AI reset lies around the corner.

Sarah Rundell

October 17, 2024

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 Rundell

April 07, 2022

Investors wary of a fragmented world

As geopolitical risks increasingly stalk developed markets, asset owners sifting through the noise for long-term trends believe a fragmented world is here to stay. We spoke to CalSTRS, OPTrust, PFA and USS about the impact on their portfolios.

Sarah Rundell

November 17, 2020

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 Rundell

March 18, 2020

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 Larsen

October 18, 2018

Asset Owner Directory
Fund NameCountryAUM ($B)ArticlesMore Info

Malaysia – Khazanah Nasional

Malaysia $367View Info

Monetary Authority of Singapore

Singapore$3004View Info

ABP/APG Asset Management

Netherlands$709157View Info
View more funds

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Name
Our partners

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy