INTECH scores first Danish hit
DENMARK - Janus subsidiary INTECH has been awarded a US$330m enhanced equity mandate from Pensionskassernes Administration, Denmark's largest administrator for occupational pension funds.
INTECH and Janus, which currently manage under $1bn in the Nordic region, are seeking further mandates and see it as an important growth area.
Janus Capital's institutional director in continental Europe, Henrick Rox Hansen, said the company was delighted to be awarded this first Danish institutional mandate.
“It’s further recognition of the strong demand we are seeing in the Nordic region and elsewhere in Europe for INTECH’s unique risk-controlled US and global equities strategies.”
Institutional sales manager Micael Hagelin will spearhead the growth drive and recruitment has already started for someone else to compliment the team. This position will most likely be based in Germany or Switzerland. Both positions will report to Hansen.
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