Proposal to limit ATP investments shot down by Danish government

A proposal to limit the extent to which state pension fund ATP can collaborate with external, private investors has divided Danish politicians, with the government and its supporting parties against the plan.

Photo: ATP / PR

The Social Democrats, who are currently in power in Denmark, and their two supporting left-wing parties have rejected a proposal to limit how much occupational pension fund ATP can invest alongside external, private investors.

This pits them, somewhat predictably, against the fiscally liberal right-wing and center-right parties in Denmark, who proposed the measure, arguing that if ATP is allowed to invite external investors to invest alongside it, this will hamper the opportunities of private asset managers to attract clients.

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