Professor (once again) slams ATP: "Someone ought to do something"
ATP’s returns lag far behind competitors such as the Norwegian oil fund, a professor at Copenhagen Business School points out. According to ATP, return comparisons make no sense.
by CLAUS IVERSEN & Kristoffer Brahm
It is worrying that Denmark’s largest pension fund, ATP, has performed poorly for yet another year. And it is only made worse by the fact that the management fails to recognize the major problems and the need to fundamentally change the investment strategy, says professor Jesper Rangvid from Copenhagen Business School (CBS) after ATP published its annual report for 2023 on Thursday.
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