Danish pension fund's low risk level shows in returns

Pension fund P+ has a cautious investment strategy, and its 2019 return therefore struggled to measure up to its peers', explains CIO Mikkel Svenstrup, who is soon leaving P+ to join ATP.
P+ CIO Mikkel Svenstrup. | Photo: PR/P+
P+ CIO Mikkel Svenstrup. | Photo: PR/P+

2019 was a good year for almost all asset classes. However - there is still a difference in returns at Danish pension companies.

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