Laerernes Pension, Hellerup, Denmark, appointed Parametric Portfolio Associates to run a $200 million emerging markets equities portfolio, said Morten Malle, chief investment officer of the €7 billion ($9.2 billion) fund.
Parametric, a subsidiary of Eaton Vance, might also invest in some frontier markets equities. The strategy will follow responsible investing guidelines set by the pension fund.
Mr. Malle declined to specify how the portfolio is funded. Laerernes' target allocation for emerging markets equities is about 9% of the total assets.
Laerernes did not use a consultant for the search.