The Lundbeck Foundation’s available funds, around DKK 14 billion, corresponded to about 21% of our assets by the end of 2018. We invest to achieve the best possible return on our investments in the long term, while running the least possible risk of permanent losses.
Our assets are spread across a number of different asset classes, but are primarily invested in liquid shares and bonds. The aim is to generate a reliable return on the foundation’s assets and ensure that financial resources are available to support the subsidiaries’ development and the foundation’s grant allocation activities. The available assets also enable us to act promptly if suitable opportunities such as potential acquisitions and investments arise.
“The funds are our safeguard against times of recession. They ensure that we can continue to award our research grants even if our subsidiaries aren’t doing so well. It’s important for the research community that our grants remain stable and don’t fluctuate wildly depending on the state of the foundation.” Lene Skole, CEO, Lundbeckfonden.
Invest consists of a team of experienced investment experts, all with a solid professional background and in-depth understanding of the investment universe and securities administration. Our approach is hands-on, and therefore we handle investments, management of securities and risk management of our investment portfolio ourselves. A small proportion of our assets (approximately 39%) is invested by external portfolio managers, and we also partner with other investors to increase our investment base for specific types of investment, e.g. property through Obel-LFI Ejendomme A/S.