ATP rakes in DKK10.5bn in Q1

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DENMARK - Danish fund manager ATP posted a DKK10.5bn (US$1.2bn) profit on its investments and hedging activities in the first quarter, with a large chunk of investment returns coming from domestic equities.

ATP said its equity exposure brought in DKK4.8bn, but DKK3bn came from domestic equities alone. During the first quarter, the OMX Copenhagen Index was up 13%, versus the S&P 500 index and the MSCI...

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