ATP boots out external US HY mandate to make room for EUR 940m in green corporate bonds

The Danish state pension fund has dumped a EUR 806m US high-yield external mandate to allow for a substantial investment in European green corporate bonds.
Head of Liquid Markets at ATP, Christian Kjær | Photo: PR/ATP
Head of Liquid Markets at ATP, Christian Kjær | Photo: PR/ATP

Danish state pension fund ATP has ditched a EUR 806m US high-yield external mandate in favor of European corporate bonds, in order to "future proof" its portfolio, financial media IPE reports.

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