Pension

ATP after losing 45.2% on its investment portfolio: ”We are in an extreme situation”

ATP’s geared investment portfolio has taken another hit in Q3 caused by the quick increases in interest rates.
Martin Præstegaard became the CEO at ATP earlier this year. The Q3 report is his second report as head of the Danish state labor market fund. | Photo: Gregers Tycho/ERH
Martin Præstegaard became the CEO at ATP earlier this year. The Q3 report is his second report as head of the Danish state labor market fund. | Photo: Gregers Tycho/ERH
by ANNE LOUISE HOUMANN

Danish state labor market pension ATP has ended the third quarter with yet another loss on its investment portfolio, bringing the return after the first nine months to -45.2% or DKK -72.8bn (EUR -9.8bn).

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