PKA Ltd. (in Danish: Pensionskassernes Administration A/S) is one of the largest pension service providers for labour market pension funds in Denmark. PKA manages assets on behalf of four individual pension funds with a total of 320,000 members, primarily within the healthcare sector.
The investment portfolio is allocated into the following five assets classes: nominal bonds, credit, equity (listed and unlisted), real assets (index linked bonds, real estate, infrastructure, etc.) and absolute return strategies. The pension funds members are keen that investments like other activities add to the social and environmental responsibilities of the funds. This is reflected in the way investments are handled throughout the portfolio.
The total market value of assets under management in 2019 were approx. DKK 275 billion (€ 35,8 bn). For the last ten years, the average annual return of the portfolio has been 8 %.