ATP reports negative return of EUR 8.65bn made last year
Financial market headwinds factored into the Danish state pension fund making a big negative return in 2022 – a year ATP says was ”historically challenging.”
BY THOMAS NYGAARD MADSEN AND DORTHE BACH, TRANSLATED BY DANIEL FRANK CHRISTENSEN
Danish state labor market pension fund ATP’s freshly published annual financial statement for 2022 shows a sizeable decrease in total managed assets as well as the bonus potential, meaning the fund’s reserves, expressing the difference between total AUM value and guaranteed annuities.
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