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Danish pension fund raids regional firms for new PMs

Danish pension fund raids regional firms for new PMs

Danish pension fund PFA has strengthened its equity team with the hire of Danske Bank’s Anders Hornbak and Kenneth Graversen from SEB, the group has confirmed.

The two portfolio managers join will join the group as of 1 May and work alongside the equity team.

Hornbak joins from Danske Bank Wealth Management where he was the lead portfolio manager on a range of European equity funds, including the Danske Invest Europa and the Danske Europe Fokus fund.

During his time at Danske Bank and Danske Capital, Hornbak was a part of the alpha equity team where he covered the financial sector. 

Meanwhile, Graversen joins the pension fund from SEB where he has worked since late 2016. He managed the SEBInvest Danske Aktier Akkumulerende and SEBInvest Danske Aktier funds.

Prior to that, he was a portfolio manager at AllianceBernstein where he was a member of the investment board and had also served as head of equity research at Enskilda Securities.

The hires were made as a consequence of a growing focus on internal management, which has led to an expansion of the equity team, the group confirmed.

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