PFA writes down valuations on alternatives
Denmark’s largest pension company has opted to write down valuations on alternatives to avoid value redistribution between customers, CIO Kasper A. Lorenzen explains.
BY KRISTOFFER BRAHM & CLAUS IVERSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN
Denmark’s largest private pension company, PFA, has written down its alternative asset returns by approximately DKK 8bn after having appreciated the values earlier in the course of 2022.
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