Investment director at Wasserdicht Pension Funds
Last month I was over in London for a short business trip to visit some credit managers. Before I headed back to the airport I meet up with Thijs, a good friend of mine. Thijs recently moved from his role as CIO of one of the large industry funds in the Netherlands to a big corporate pension fund in the UK.
Last month I spoke to Katrine, who has taken over as CIO at Pension København, to discuss the co-operation agreement we signed a couple of years ago. When we finished talking about wind farms we discussed risk-and-return sources. Like some of the large Danish pension funds, PensionKøbenhavn has done a lot of work on this subject.
‘We’re in the solutions business!’ These were the words I was greeted with at the Worldwide Institutional Investing Conference inLondon recently. A fiduciary manager was presenting his vision for pension funds, and all kinds of jargon were thrown out – integral fiduciary management, partial mandate outsourcing, delegated CIOs and segregated diversified growth fund mandates.