Politics Matters Less and Less, Danish Pension Fund Giant Says

Denmark’s largest private pension fund isn’t that interested in politics anymore. Allan Polack, chief executive officer of PFA, argues that lawmakers and political leaders are out of touch and that globalization has made their decisions less relevant to the business community. "Politics and economics have decoupled a lot in recent years," Polack said in a telephone interview in Copenhagen. "Politicians populate an insulated world of their own, while companies live in another sphere." In an era where a resurgence of populism and...