Danish pension funds divided on government bond exposure

Danish pension companies have different stances on investing in goverment bonds. PFA has divested from the asset class, while Danica and Velliv are holding on to bonds in their portfolios. AP Pension and Pensiondanmark have adjusted their bond exposure.
Velliv's headquarters in Ballerup, Copenhagen | Photo: PR/Velliv
Velliv's headquarters in Ballerup, Copenhagen | Photo: PR/Velliv
BY THOMAS NYGAARD MADSEN, FINANSWATCH.DK

The question of whether government bonds are a safe harbor or risk being a losing investment due to interest rate increases is a divisive one.

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