Nordic region: Pensions and Investment News and Analysis
Latest news and analysis of pensions, asset management, regulation and trends in the Nordic Region from our award-winning journalists.
Pension Funds in the Nordic Region - Country Report
Nordic Region Report 2024: Denmark’s government urges pension funds to support defence
Danish schemes embrace defence – as long as ESG criteria and international conventions are adhered to
Velliv says impact product revamp ‘in theory makes for better returns’
Danish mutual pension provider redesigns ideas behind VækstPension Aftryk, defines four categories of sustainable investment targets, adds asset classes
AP7 joins call for US states to cut oil/gas sector methane emissions
Swedish national pension fund said reducing methane leaks from oil and gas industry is ‘one of cheapest ways to reduce GHG emissions quickly’
Alecta’s DC product returns 8.7% as equities rally, bonds priced higher
Swedish occupational pensions major sees asset total grow to SEK1.33trn by end September
PFA admits factoring in Scope 3 will dent climate product’s returns
Danish pension provider’s PFA Klima Plus product will begin opting out of stocks with ‘strong connection’ to fossil fuel sector from next April
Alecta wins five more years as FTP default provider
Swedish pensions giant trims fees further on its DC traditional pension product, and wins new €400m contract within financial-sector scheme
TOP NORDIC REGION PENSION FUNDS 2024
Pension fund/entity | Assets (€’000)
Denmark
- PFA Pension | 102,473,792
- Arbejdsmarkedets Tillaegspension (ATP) | 95,167,690
- Danica Pension | 70,640,258
Finland
- Keva | 68,500,000
- Varma Mutual Pension Insurance Co. | 62,069,000
- lmarinen | 61,144,000
Iceland
- Lífeyrissjóður starfsmanna ríkisins | 9,339,640
- Lífeyrissjóður verslunarmanna | 8,557,521
- Gildi lífeyrissjóður | 6,592,618
Norway
- Norway Government Pension Fund Global | 1,548,996,540
- Kommunal Landspensjonkasse (KLP) | 91,052,710
- Folketrygdfondet | 31,176,585
Sweden
- Alecta Pensionsförsäkring | 111,831,667
- Sjunde AP-fonden (AP7) | 98,770,760
- AMF | 74,485,838
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
Interviews
- Previous
- Next
Danish politics focuses on the good life
Pensions and the labour market were the focus of end-of-summer political pronouncements in Denmark this year. If brought into action, some of the ideas could lead to forward-thinking changes to pensions.
Velliv says impact product revamp ‘in theory makes for better returns’
Danish mutual pension provider redesigns ideas behind VækstPension Aftryk, defines four categories of sustainable investment targets, adds asset classes
AP7 joins call for US states to cut oil/gas sector methane emissions
Swedish national pension fund said reducing methane leaks from oil and gas industry is ‘one of cheapest ways to reduce GHG emissions quickly’
Alecta’s DC product returns 8.7% as equities rally, bonds priced higher
Swedish occupational pensions major sees asset total grow to SEK1.33trn by end September
PFA admits factoring in Scope 3 will dent climate product’s returns
Danish pension provider’s PFA Klima Plus product will begin opting out of stocks with ‘strong connection’ to fossil fuel sector from next April
Alecta wins five more years as FTP default provider
Swedish pensions giant trims fees further on its DC traditional pension product, and wins new €400m contract within financial-sector scheme
Netherlands retains top spot in Mercer pension ranking
Top three countries retain places despite slightly lower ranking compared with 2023 figures
ATP chief says Northvolt crisis is ‘wake-up call for Europe’
Pension fund CEO warns that European green transition technology needs public money or China and US will dominate
Swedish pensions agency at odds with FSA over some Heimstaden Bostad facts
Pensionsmyndigheten says it ‘largely agrees’ with watchdog in its preliminary conclusions in case around agency’s blighted investment in residential property company
Danish competition watchdog calls for auto-transfer of dormant pensions
Smaller dormant accounts at risk of being entirely lost to administration fees, authority says in new report
AMF brings forward CEO succession; Flodén takes helm on 4 November
Sidenmark gives way to new CEO two months earlier than planned, as transition process proves “smoother and more efficient” than board expected
TOP MANAGERS: NORDIC REGION INSTITUTIONAL ASSETS
Company | Assets (€m)
- SEB | 65,000*
- BlackRock | 61,541
- DNB Asset Management | 53,712**
- Nordea Asset Management | 52,442
- Storebrand Asset Management | 35,386***
- State Street Global Advisors | 29,768
- Nykredit Asset Management | 26,163
- Northern Trust Asset Management | 22,607
- Morgan Stanley Investment Management | 8,936*
- Amundi | 8,344
As at 30.9.3.23, *30.16.23, **15.11.23, ***10.6.22
©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report
IPE BEST PENSION FUND IN THE NORDIC REGION AWARD WINNERS
Nordic Region
- 2023 - The Swedish Fund Selection Agency
Denmark
- 2022 - Industriens Pension
- 2021 - PensionDanmark
- 2020 - PensionDanmark
- 2019 - ATP | PensionDanmark
Norway
- 2022 - KLP
Sweden
- 2022 - Alecta pension insurance, mutual
- 2021 - Fjärde AP-fonden (AP4)
- 2020 - Fjärde AP-fonden (AP4)
- 2019 - Swedish Pensions Agency
Copyright © 1997–2024 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP