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PFA wins back half of huge Q1 loss

In the first quarter of 2020, PFA lost EUR 4.4 billion (DKK 33 billion) - but half of this loss has been regained, Denmark's largest commercial pension company reports.
Photo: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix
Photo: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix
by ANNE LOUISE HOUMANN

The corona crisis cost PFA EUR 4.4 billion (DKK 33 billion) in losses during the first quarter. However, the tide has turned, and a month into the second quarter, half of what they lost has been won back, PFA reports.

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