Low-risk pension clients have also suffered this year

Pension clients with low risk and five years to retirement have been hit hard by the events of the past six months. According to a returns analysis, the clients with the lowest risk profiles have lost an average of 9.3% of their savings.

Photo: Ole Lind

Pension clients of Danish pension companies with low risk and five years to retirement have lost up to 13% of their savings, and an average of 9.3%, in the first six months of this year.

This is primarily due to the increasing interest rates, which have sent the value of low interest rate bonds plummeting, Danish financial daily Børsen reports based on an analysis conducted by independent advisor Nikolaj Holdt Mikkelsen.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Wide range of AUM declines among Nordic asset managers in Q2

Q2 OVERVIEW: Although the three best-performing Q1 managers have yet to release figures for this period, AMWatch’s preliminary overview suggests that the results are reflective of local market conditions, where two countries had a clear advantage.

CEO appoints new J. Lauritzen investment team

Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch