Pensions
PensionDanmark Sells Tesla, Puts It on ‘Exclusion List’ Over Union Dispute
The car manufacturer is refusing to enter into a union agreement in adjacent Sweden.
Torben Pedersen, the pension fund’s first employee and CEO, will leave the post after more than 30 years.
Decision expected to ‘harvest synergies’ between sectors, enable more investment flexibility, its CIO says.
Real estate and private equity do OK, while stocks and bonds suffer.
Companies commit $550 million to fund focusing on infrastructure in Africa.