Pension

ATP's managed assets shrink by roughly EUR 12bn in Q1

The Danish state pension fund reports big losses on both its investment and hedging portfolios.
Adm. direktør i ATP, Bo Foged, har afleveret sit sidste kvartalregnskab som topchef i ATP. | Photo: PR/ATP
Adm. direktør i ATP, Bo Foged, har afleveret sit sidste kvartalregnskab som topchef i ATP. | Photo: PR/ATP
BY DORTHE BACH, FINANSWATCH, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Danish state pension fund ATP books first-quarter losses totaling approximately DKK 90bn (EUR 12.09bn), entailing a negative return of DKK 20.9bn (EUR 2.81bn) booked for Q1 of 2022 on top of a negative return of DKK 69.2bn (EUR 9.30bn) from the hedging portfolio.

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