PKA is the DKK235 billion Danish pension fund for the country’s healthcare professionals, nurses and social workers. It has returned 8 per cent, on average, over the last five years, from a portfolio primarily invested in bonds, equities, real assets and absolute returns. Alternatives account for roughly one-quarter of the portfolio. The fund has an equal split of internal and external investment management.
Five years on since the SDGs were launched, an increasing number of investors are putting capital to work to earn returns alongside helping solve global scourges like the climate crisis, poverty and inequality. Sarah Rundell looks at New York Common Fund and Denmark's PKA among others.
Denmark's PKA pension fund is leading the way in investing in emerging markets in line with the SDGs. It targets 10 per cent of its $40 billion in alternative ESG investments and an increasing portion of that is invested in emerging markets via allocations to green bonds, infrastructure, microfinance, water sanitation and a specific SDG fund.
Sarah RundellSeptember 13, 2019
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