ATP posts DKK4.5bn profit in H1

clock •

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 strengthe...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Denmark

Denmark

ATP sees lack of home-grown infrastructure opportunities

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.

Jenny Cosgrave
clock 31 October 2011 •
Denmark

ATP returns 4.2% in first three quarters

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.

Jenny Cosgrave
clock 27 October 2011 •
Denmark

Danish fund taps State Street for analytics

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.

Raquel Pichardo-Allison
clock 05 September 2011 •
Trustpilot