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Maj Invest

PRI reporting framework 2020

Export Public Responses

You are in Strategy and Governance » Investment policy


SG 01. RI policy and coverage


01.1. 責任投資アプローチをカバーする投資ポリシーを策定しているかどうかを明示してください。

01.2. ポリシーの構成要素/種類と対象範囲を示してください。


01.3. 投資ポリシーが以下のどの項目をカバーしているか明示して下さい:

01.4. 組織の投資原則および全体の投資戦略、受託者義務(または同等のもの)の解釈、ならびに、ESGファクターおよび実体経済の影響をどのように考慮に入れているかについて説明してください。

Maj Invest's investment strategy varies between asset classes. 

The equity strategies are characterised by a broad investment universe, but with concentrated portfolios which reflect a high conviction approach in the selection of securities. In our company research we focus: understanding of the business model and products, the company’s ability to create a higher economic return over the next 2-3 years than that of the general economy, and whether this is reflected in the share price, the potential for sustained or improved earnings growth and return on shareholders’ equity, the ability to sustain or improve the market position of the products, the competences, strategy and focus of the management team and ESG factors.

Portfolio construction in fixed-income strategies is based on top-down and bottom-up analysis and includes three pillars: analysis of the macroeconomic environment, analysis of the three segments: government bonds, mortgage bonds and credit bonds and quantitative analysis on a bond level. All portfolios are ESG screened.

Private equity has a partnership approach making investments as both minority and majority investor in Denmark and abroad. The approach has strong active ownership practices, including integrating ESG factors. Maj Invest Financial Inclusion funds have a financial-first impact investment strategy. 

01.5. 責任投資アプローチをカバーする組織の投資ポリシーの重要な構成要素、バリエーション、例外事項を簡潔に説明してください。[任意]

01.6. 補足情報 [任意]


SG 01 CC. Climate risk (Private)

SG 02. Publicly available RI policy or guidance documents


02.1. 一般に入手できる組織の投資ポリシー文書を記載してください。その文書のURLを記入し、該当文書を添付してください。






02.2. 一般に入手できる組織の投資ポリシー文書を記載してください。その文書のURLを記入し、該当文書を添付してください。




02.3. 補足情報 [任意]

For our private equity information can be found here:

And here:

SG 03. Conflicts of interest

03.1. 組織として、投資プロセスにおける潜在的な利益相反を管理するポリシーを策定しているかどうかについて明示して下さい。

03.2. 投資プロセスにおける潜在的な利益相反を管理するポリシーについて説明してください。

We have a formalised policy covering our approach to managing potential conflicts of interest in the investment process and which includes client and asset class specific guidelines. The policy is compliant with MiFID II and AIFM for asset management and private equity, respectively. The policy also includes a list of examples of potential conflicts of interest. The policy can be found online on 

This policy is supplemented by formal procedures. 

03.3. 補足情報 [任意]

SG 04. Identifying incidents occurring within portfolios (Private)