Danish pension fund ATP has named former P+ executive Mikkel Svenstrup as its new chief investment officer.
He will begin working in his new position at the DKK900bn ($133bn)-managing fund from March 1 next year.
Svenstrup has spent the last three years as a chief investment officer at P+, the administration cooperation for pension funds JØP and DIP.
He has also held management positions at i.a., Nordea, UBS Investment Bank and Barclays Capital.
”We are facing a world of low expected returns and increasing market fluctuations, making it absolutely vital that we have the very best investment and risk talent onboard,” said ATP managing director Bo Foged.
“We have conducted a rigorous recruitment procedure, and Mikkel Svenstrup embodies the skills and personal qualities required to succeed in the position as chief investment officer at ATP.
“He brings with him not only an impressive theoretical foundation, but also deep insights and solid practical experience from all the core investment disciplines.
“In addition, he has practical experience both from the sales and the management sides, so I’m very pleased to be able to welcome Mikkel as part of the management team in Hillerød.”
Copyright © 2019 AltAssets