Denmark’s ATP to Restructure ATP Alpha

Posted on 12/12/2012

ATP Alpha Fondsmæglerselskab A/S is the ATP’s hedge fund-of-funds division that will restructure. Part of the restructure includes minimizing ATP Alpha’s 35-person staff nearly in half. In 2006, ATP created ATP Alpha to be managed as an independent unit. ATP Alpha has about 10.2 billion Danish kroner invested in the alpha portfolio.

The 789 billion Danish kroner ATP is attempting to position the fund in period of low economic growth, emerging risk, tighter regulation, and lower returns. In October 2012, Denmark’s largest pension fund cut back its investments in high-yield debt.