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
- 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