LD is an important part of the Danish pension system and its use of outsourcing means that manager selection is a critical task. LD deliberately tenders very large mandates to create maximum attention and intense competition from asset managers. After its most recent, yearlong manager selection exercise involving more than 300 managers, it received very positive feedback from managers for the highly transparent, rigorous and fair way it conducted the process.
Source: https://www.investorintelligencenetwork.com/