Pension

When doomsday hit Danica

Russian President Putin and British Liz Truss sent Danica’s chief investment officer to his knees, begging portfolio managers for liquidity. Danica, one of Denmark’s largest pension companies, made it through, albeit barely.
Poul Kobberup hurried a little extra to work on two days in 2022: Feb. 24th, when Putin invaded Ukraine, and Sept. 23rd, when Liz Truss presented her mini-budget. Those were some of the worst days of his career. | Photo: PR/Danica
Poul Kobberup hurried a little extra to work on two days in 2022: Feb. 24th, when Putin invaded Ukraine, and Sept. 23rd, when Liz Truss presented her mini-budget. Those were some of the worst days of his career. | Photo: PR/Danica
Finans
BY LONE ANDERSEN, TRANSLATED BY HELENE VON TABOUILLOT

September 23rd was one of the worst days of Danica Chief Investment Officer Poul Kobberup’s professional life — and not just in 2022.

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