- Advertisement -
- Advertisement -

Related

Taking Different Helms

Latest Report

This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

Stockholm (HedgeNordic) – Ralf Magnussen, the chief investment officer of Danish pension fund AP Pension, will be the next chief investment officer of Nykredit Asset Management. Magnussen will replace Morten Therkildsen, who has decided to take a career break to go sailing around the world with his family.

“After almost six years in AP Pension as chief investment officer, I will take up the position of CEO of Nykredit Asset Management in mid-August,” Magnussen writes in a LinkedIn post. “I look forward to building on the great results that Nykredit Asset Management has created for many years,” he continues. “I will miss my talented colleagues at AP Pension, but at the same time, I am pleased with the results that we have created together. All the best for the future.”

“I look forward to building on the great results that Nykredit Asset Management has created for many years.”

Ralf Magnussen has been the chief investment officer of AP Pension for six years. Before joining the Danish pension fund, he was an executive vice president at the doctors’ pension fund Laegernes Pensionskasse for over ten years. “I’ve been very happy. I’m also very proud of the results we have achieved at AP Pension,” Magnussen tells AMWatch. “But now that I’ve got the opportunity to take responsibility for Nykredit Asset Management, it is time to make a change.”

“The potential is still enormous, and Nykredit AM is in the best hands of the colleagues I have been privileged to be in the same boat with during my time in Nykredit.”

Morten Therkildsen became the sole CEO of Nykredit Asset Management, Denmark’s third-largest asset manager, in July of last year, six months after the merger of Nykredit with Sparinvest. He held the co-CEO role at the asset manager from December 2014. In a recent LinkedIn post, Therkildsen said he and his wife decided a few years ago to put their working life on hold at the opportune time and fulfill their life-long dream of sailing around the world. “The potential is still enormous, and Nykredit AM is in the best hands of the colleagues I have been privileged to be in the same boat with during my time in Nykredit,” Therkildsen said in the post.

 

Picture courtesy of AP Pension.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Trade-off Between Illiquidity and Rebalancing Premium

In the search for diversification and higher returns, institutional investors worldwide have steadily increased their exposure to illiquid asset classes such as private equity,...

Diversification in the Era of Monetary Reset

Diversification has long been a cornerstone of investing, designed to balance risk across different markets and asset classes. But with fiat currencies under persistent...

Three Years In, Norselab’s Flagship Fund Reaches More Radars

After years of co-managing Alfred Berg’s high-performing high yield fund, Tom Hestnes has spent the past three years proving his strategy in an alternative...

Rhenman Rebounds as Regulatory Fog Lifts in Healthcare

2025 has been a year of two halves for the global healthcare sector and for the long-biased, healthcare-focused Rhenman Healthcare Equity L/S fund. With...

Nordic CTAs Slip as Trends Take a Breather

The CTA sub-index of the Nordic Hedge Index finished November in negative territory, largely due to losses in equities as tech-sector jitters and doubts...

RFP: UK Investor Targets Liquid Alternatives Strategy

A large institutional investor from the UK is considering an initial allocation of $20 million to a liquid alternatives strategy, with the potential to...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.