Certification according to EN ISO 3834. Quality assurance in welding.
Transcription
Certification according to EN ISO 3834. Quality assurance in welding.
What makes a bankable partnership? 3GF2014 pree-meeting 13th of May 2014, Stine Birk - ATP Investments ATP Pension Denmarks largest and Europes 3rd largest pension fund with a 80 bn. Euro balance and 4,8 mio. members • • • • Independent institution Established by law in 1964 Governed by ”labour market” board Providing pension to all the Danish pensioners ATP´s objective is to invest the funds in an appropriate way to seek to maintain the purchasing power of the future pensions 1 Sustainable projects and partnerships ATP strategy Project analysis • • Relevant risk adjusted return Environmental and Social Governenance • • • Illiquidity Long term perspective Diversification • • • • • • • • OECD countries+ (regulated countries) Strategy & business model Cash flow projections Key drivers Risk assessment Political environment/sovereign risk Technical risk Management team 2 Examples of alternative investments Investment portfolio Equities 35% Rates 20% Credit 10% Inflation 25% Commodities 10% Yorkshire Water, UK Horizon Road, Melbourne Sydney Habour Bridge Upper Hudson Woodland, NY Peel Ports, UK 3