BIG BLOW: Denmark’s ATP Failed to Manage Interest Rate Risk with Negative 40.9% Return for 2022
Posted on 02/11/2023
Denmark pension fund giant ATP on its website says, “we work to ensure basic financial security in Denmark.” The ATP and state pensions are the basic pillars of pensions in Denmark. ATP posted a -40.9% investment return for 2022, blaming the energy crisis, rising inflation and interest rates, and the war in Ukraine, according to…
