DENMARK - PensionDanmarks has reported a bumper first quarter of 2007 as its assets under management grew by 18% to DKK64.2bn (€8.6bn), and its investment return was boosted by large holdings in equities.
The fund's investment return before taxes was 1.2% which was 0.2 percentage points better than benchmark. This was influenced by the fact that 40% of its assets are invested in equities. The eq...
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