PFA reports positive returns on alternatives despite record loss
The Danish pension firm’s investments in alternatives and real estate showed their worth in 2022, but unlisted assets will not be invulnerable in a potential recession, PFA warns.
BY OLE ANDERSEN, TRANSLATED BY KATRINE GØTHLER
Friday morning, Denmark’s largest commercial pension firm, PFA, reported a record total loss of DKK 87bn (EUR 11.68bn) from financial market activities last year.
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