News in short October 1 – October 5 2018

<strong>LD becomes LD Fonde

The Danish pension fund LD has been renamed LD Fonde (in English, LD Pensions). The name change follows the decision by the government to establish a new fund called Lønmodtagernes Feriemidler, which means that the pension fund from 2020 will manage two separate funds. Its current portfolio has DKK 39 billion in assets while the new fund is expected to have a balance of around DKK 100 billion. Due to the different nature of the funds, they will be managed along separate investment strategies with the new fund likely to have a higher risk-taking ability. In the wake of the