Manual 20-02-2017 genudsendelse

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Monday 20. february 2017
Newsletter

Dear subscriber

This is this week’s FW Asset Management newsletter. Due to technical complications, we distributed an outdated version of the newsletter a little while ago. We apologize for the inconvenience.

Sincerely,
The editors

Minor Danish asset manager challenges the sector on transparency and expenses

Minor Danish asset manager challenges the sector on transparency and expenses

Mermaid Asset Management is weary of lacking transparency and endless expenses in the asset management field. The company aims for visible costs and customized products with its new setup.

Danish banks want clarity facing tight commission payment deadline

Danish banks want clarity facing tight commission payment deadline

In a few months, a ban on commissions in relation to portfolio management agreements will take effect. It is not yet clear how the forthcoming EU regulations are to be interpreted, but in a month and a half, the deadline falls for prior written notification to clients regarding the price changes that the new regulations will cause.

New Nordic ecolabel for investment funds almost ready for launch

Most retail investors have never heard of UNPRI, Morningstar, or Morgan Stanley ESG framework. But more and more retail clients are showing interest in putting their money in sustainable investments. A new labeling is planning to show them the way.

Private investors flock to mutual funds following setback

Far from all portfolio managers in Danish investment managed to beat their 2016 benchmarks. However, that does not keep investors from putting their savings in that basket, not least in January this year – and the reason is clear.

"Nobody in my social circle had any idea what my occupation was"

Career path: Lars Bo Bertram, CEO at BankInvest, had a very specific reason when he decided to take his career in a new direction and entered the asset management field, he recounts in this interview.

...and more about people

Did you miss the news about people in your business? Columbia Threadneedle Investments got a new Head of Nordics, Nordea in Denmark appointed a new public relations officer, Kirstein A/S has seen two promotions – and two Danish pension execs seem to have differing opinions on bonuses.

Low returns deter pension funds from offshore wind

Low returns deter pension funds from offshore wind

Pension funds are seeing their returns shrink to sizes unfit for the risks of offshore wind turbine investments. Pension fund Industriens Pension cannot picture itself entering new offshore projects while PKA has declined several projects due to the low returns.

Solid wind returns for pension funds in new markets – but not for long

Solid wind returns for pension funds in new markets – but not for long

Pension funds are seeing offshore wind project investments generate smaller returns than was the case just two-three years ago. However, attractive returns can still be made if investors are willing to take the risk of being among the first to enter the offshore wind markets in the US and Taiwan. Danish pension fund PKA is already evaluating specific projects in the new markets.

Sampension waiting for chance to enter offshore wind

Danish pension fund Sampension has yet to directly invest in offshore wind farms, and is awaiting attractive opportunities. FWAM talks to Chief Investment Officer Henrik Olejasz Larsen about his take on the investment opportunities in offshore wind projects.

Growing number of foreign investors put money in Danish real estate

In just five years, foreign investors have increased their investments in Danish properties by about DKK 20 billion (approx. USD 2.85 billion).

Media: Danish pension money in major Greenlandic project

The most extensive urban development plan in Greenlandic history, involving 1,600 residences, non-residential construction, a stadium, and a two-lane road tunnel, is to be realized by means of Danish pension funds, says Greenlandic media.

Asset manager to build 23-floor apartment building in Denmark

Asset manager to build 23-floor apartment building in Denmark

On behalf of its investors, Aberdeen Asset Management aims to build the tallest apartment building in the central Jutland region of Denmark. The building will stand 70 meters tall with 23 floors.

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