ATP CIO on huge AUM drop in 2022: "It's a cross I have to bear"

2022 was the worst year ever for Denmark’s ATP, as assets under management dropped by EUR 36bn. But the pension fund’s investment strategy is still the right one, says CIO Mikkel Svenstrup.

Mikkel Svenstrup has been CIO at ATP since March 2020. | Photo: PR / ATP

by DORTHE BACH

The fact that 2022 was an extremely bad year for ATP is well known by now. That 2023 wasn’t overwhelmingly positive is not news either.

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ATP CIO on huge AUM drop in 2022: "It's a cross I have to bear"

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Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Eight Nordic managers move up in global top 500 ranking

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Sampension and utility firm join forces to invest in solar plant