ATP pension

2023 - 2 - 9

Post cover
Image courtesy of "Pensions & Investments"

Danish pension fund ATP posts -40.9% return reflecting 'difficult' 2022 (Pensions & Investments)

ATP reported a -40.9% investment return for 2022, knocked by the energy crisis, rising inflation and interest rates, and the war in Ukraine.

The fund's listed equities exposure lost 20.7 billion kroner in 2022. That compares with a 20.1 billion kroner loss on government and mortgage bonds in 2021. ATP was hit by losses in both equities and particularly bonds, which constitutes a large share of the investment portfolio.''

Post cover
Image courtesy of "Bloomberg"

Denmark's Biggest Pension Fund Lost Record $8.2 Billion as Bonds ... (Bloomberg)

ATP, Denmark's biggest pension fund, lost the most money on record last year as the value of its bonds and stocks sank.

Its total assets declined 28% to 678 billion kroner. The investor had a net loss of 56.8 billion kroner ($8.2 billion) compared with a net profit of 13.5 billion kroner in 2021, ATP, which is based north of Copenhagen, said on Thursday. ATP, Denmark’s biggest pension fund, lost the most money on record last year as the value of its bonds and stocks sank.

Post cover
Image courtesy of "IPE.com"

​After bruising year, ATP adds new hedging portfolio to boost return (IPE.com)

Denmark's ATP ended 2022 with a 40.9% loss on its geared investment portfolio, despite slim gains in the final quarter, but its investment and risk ...

Of course, after a bad year, we go back home and re-think our strategy or think, are there any heavy reasons to do something else? ATP was a big seller of listed equities during 2022, the figures revealed. ”With the adaptation of the ATP Act in 2021, there was an opening for ATP to implement a changed hedging strategy with the aim of increasing the total return on investment, at the same time at the same time as continuing to guarantee lifelong pensions with great certainty,” the pension fund said. We would have been better off without it, but 2022 was a challenging year for all investors.” “Does this mean we re-evaluate our risk parity? ATP had been hit by losses in both equities and particularly bonds, which constituted a large share of the investment portfolio, and it had also generally had a high level of risk in that ”limited portion” of its overall assets, he said.

Explore the last week