ATP sells its UK enfant terrible: CEO admits losses for Danes

Danish-based pension provider ATP is divesting its UK pension fund Now Pensions, which has 1.7 million members, to a pension provider and investment manager. ATP's CEO, Bo Foged, admits that the investment has not been satisfactory.

Michael Duelund & Søren Top

After well over eight years, ATP is selling its British subsidiary Now Pensions to Cardano Group.

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ATP sells its UK enfant terrible: CEO admits losses for Danes

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Swedish FSA fines church pension fund for failing to limit investment risks

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Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

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Expansion of Nordic team has paid off: Inflows to all core products for US manager