Rachel Fixsen

5 days ago | ipe.com | Rachel Fixsen

Swedish national pension fund AP7 revealed on Friday it sold its entire stake in Tesla last month, and blacklisted the US electric car giant due to labour-market violations in the US after years of engagement over the issue. In the biannual publication of its exclusion list, the SEK1.33trn (€121bn) pension fund also announced it is changing its exclusion process in relation to climate considerations – which will lead to AP7 banishing more companies than before.

1 week ago | ipe.com | Rachel Fixsen

Norway officially opened a new division of its sovereign wealth fund earlier this month – in part as a consequence of the continuing growth of the country’s financial wealth. The new Arctic unit of the fund – referred to by the Finance Ministry as the Government Fund in Tromsø (Statens fond i Tromsø) – is a branch of Folketrygdfondet, which runs the domestic and Nordic part of the overall SWF, the Government Pension Fund Norway (GPFN).

1 week ago | ipe.com | Rachel Fixsen

The new chair of the Danish architects’ pension fund has vowed to work harder for climate and biodiversity in the political sphere and within the pension fund’s partnership with Sampension – especially now that switching to another provider seems less likely.

1 week ago | ipe.com | Rachel Fixsen

Denmark’s ATP is taking a front seat in a national drive to train a fifth of the Nordic country’s population in the use of artificial intelligence (AI), it announced today, with the statutory pensions giant describing building AI skills as a strategic focus.

1 week ago | ipe.com | Rachel Fixsen

Norges Bank Investment Management (NBIM) has told the European Commission that capital markets supervision should be unified at the European level as part of the bloc’s efforts to channel more savings into investments and rev up business. NBIM said Norway’s NOK19trn (€1.65trn) Government Pension Fund Global (GPFG), which it manages, maintained a higher allocation to EU markets than their relative size internationally.