Why Denmark's ATP is shaking up its business
The Danish pension fund ATP is primarily known for managing close to DKK 768 billion (EUR 103 billion) on behalf of every employee in Denmark. But along the way, ATP has acquired a long list of public and private administrative tasks. ATP CEO Christian Hyldahl has now undertaken an extensive restructuring so the fund can manage those tasks better. Changes include the dismissal of a key ATP executive after 20 years of service.
by DAVID BENTOW
In Denmark, most people equate the name ATP with the country's largest and most powerful pension fund.
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