After slim H1 return, Industriens Pension says diversification is key
The weak market trend of the first six months of this year shows through in returns at Industriens Pension one of the first Nordic pension funds to report half-year figures. With US trade conflicts and low government bond yields, there really is no safe haven, says listed investments chief Peter Køhler Lindegaard.
ANNE LOUISE HOUMANN
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.
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