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ATP takes big profit hit in 2018, losing DKK 25.5 billion

The year just ended was a dire one for ATP, with a major life expectancy update and negative investment returns dealing a blow to the pension fund's annual result. In the fourth quarter, ATP's investment activity made a loss of DKK 9 million (EUR 1.2 billion).

Photo: PR.

Denmark's largest pension fund ATP has released its 2018 results which show it made a loss of DKK 25.5 billion (EUR 3.4 billion) in 2018.

The bulk of the loss is attributable to the life expectancy update the fund implemented halfway through the year, which, as previously announced, amounted to DKK 20 billion.

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