- Valida Vorsorge Management has reported a ‘surprisingly positive’ capital market performance.

“Our performance in both the pension and provident funds was above market values,” said Valida Vorsorge Management CEO, Mag. Martin Sardelic. “In the pension fund, the 8.5 per cent increase in value triggered an increase in current benefits for 70 per cent of retirees.

"In the provident fund, we achieved a performance of 5.26 per cent, which is an excellent result for a guaranteed product. Customers benefit from a corresponding asset increase in the new severance payment. Despite geopolitical turbulences, we see these results as confirmation of our sound strategic decisions for a holistic investment concept that minimizes risks and optimizes opportunities.”

- The Pension Fund of Credit Suisse Group (Switzerland) has published its results for February 2025.

Its investment performance was 0.24 per cent, bringing its overall performance for the year to the end of February to 01.05 per cent. In January, it scored 0.81 per cent, and the pension fund achieved an investment return of 6.39 per cent for 2024.

- FI and ESMA have warned against ‘blindly trusting’ AI advice when investing.

As AI-powered tools and apps become increasingly accessible to the public, they are increasingly used daily. However, FI and ESMA warned that the tips provided by various AIs may seem tailored but often lack the consumer protection regulations that authorised financial players must follow.

FI consumer protection economist, Moa Langemark, said: “You cannot rely on AI as a shortcut to quick profits, such does not exist in the financial market. All investments are and remain a risk, even with AI. For anyone considering using AI-powered tools for investments, it is important to weigh the benefits against the risks.”

- AP Ejendomme begins the transformation of Vollsmose with an office building.

The construction of a new 8,500-square-metre office building in the Odense district of Vollsmose is the first stage of the largest renewal project of a neglected residential area in Denmark to date. The new office building will house Odense Municipality, the development company Fremtidens Vollsmose, and a small commercial lease.

AP Pension's subsidiary, AP Ejendomme, is building the office, designed by Arkitema and the general contractor Nordstern, using recycled bricks. Construction is now underway and is expected to be completed in May 2028, with a total cost of around DKK 250m

The overall district plan for Vollsmose will see an investment of DKK 10bn, and AP Ejendomme is investing DKK 700m as a co-owner of the land development company, which also includes Odense Municipality and the public housing organizations Civica and FAB.

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