DENMARK - The DKK398.6bn (e53.4bn) ATP recorded half year profits of 4.5bn, despite changing interest rates causing a drop in both assets and liabilities.
In H1, the group's hedging activities generated a profit of DKK5bn following changes in the interest-rate spread between swaps in euros and Danish kroner, said CEO Lars Rohde. This helped strengthen ATP’s...
DENMARK - Danish pension fund ATP would like to invest in local infrastructure but a lack of ‘political focus' has led to a dearth of appropriate opportunities.
DENMARK - Danish pension fund ATP returned 4.2%, or DKK15.7bn ($3bn), in the first three quarters of the year, bringing total assets under management to DKK554bn.
UK/DENMARK - NOW Pensions, the new scheme to be launched by Danish group ATP early next year, has vowed to bring "highly competitive" charges to the UK market.
DENMARK - Industriens Pensionsforsikring, the Danish administrator for the labour market pension scheme, has hired State Street to provide analytics on its DKK5.5bn ($1bn) private equity portfolio.
DENMARK - Danish pension provider ATP recorded a profit of DKK8.1bn ($1.6bn) in the first six months of 2011 driven by high returns in commodities and inflation-related assets.