Pension

Danish pension giants: The worst is yet to come – but 2023 will end on positive note

Before financial markets spot light at the end of the tunnel, they must first pass through darkness, say Denmark’s biggest pensions firms, PFA and Danica Pension, and AP Pension agrees.
”In 2023, we’ll have to weather something that looks like a recession. And we’ll have to enter it before we can see the other side," says Kasper Lorenzen, chief investment officer at PFA Pension | Photo: PR / PFA
”In 2023, we’ll have to weather something that looks like a recession. And we’ll have to enter it before we can see the other side," says Kasper Lorenzen, chief investment officer at PFA Pension | Photo: PR / PFA
Finans
by KRISTOFFER BRAHM, translated by daniel pedersen

There’s good and bad news for Denmark’s investors as they get situated in the new year. The bad is that the worst is yet to come, say Denmark’s biggest pension firms, PFA Pension and Danica Pension, and the relatively smaller AP Pension.

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