Industriens Pension, one of Denmark's largest pension funds, has ended the first six months of 2018 with a positive return of 0.6 percent -- a big drop from the 3.7 percent pretax return reported for the first half of 2017.
The pension fund has a large portion of its EUR 22 billion total capital invested in listed equities and bonds, and they have been struck by the negative market sentiment. Based on that, Peter Køhler Lindegaard, head of listed investments at Industriens Pension, is pleased with a negative return on foreign-listed equities of 0.2 percent.
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