DENMARK - PensionDanmark posted a benchmark-beating 3.6% return during the third quarter 2006, which saw the fund grow DKK1.4bn year-to-date to a total of DKK58.9bn (€7.9bn).
In an environment of declining bond prices and a rising equity market, PensionDanmark succeeded in beating the assigned benchmark by 0.3%. The performance was attributed to an interest rate sens...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date