DENMARK: Claus Stampe, chief investment officer of the Danish medical pension fund, is to join PensionsDanmark, the common management company of four Danish pension schemes which together have assets of 23 billion Danish kroner (3.1 billion euros).

Stampe confirmed that he is moving to PensionsDanmark, but declined to comment further. He is currently CIO at the defined contribution medical fund Laegernes Pensionskasse which has a value of 4.29 billion euros.

PensionsDanmark, a defined contribution scheme, is the common management company for four industry-wide pension funds/life insurance companies in the following sectors: building and construction, garment and textlie, transportation and services, women and general workers.

The funds manage pension schemes for 30,000 companies with 430,000 employees/members. Total contributions were 4.8 billion (646.5 million euros) in 2001.