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ATP satisfied with hedging strategy despite billion-euro Q1 losses

Denmark's largest pension fund, ATP, has ended the first quarter of 2020 with billion-euro losses in its investment portfolio. Bo Foged is still satisfied with the company's strategy, however.

Photo: PR/ ATP

Denmark's largest pension fund, ATP, has experienced losses in its investment portfolio, but is happy to have hedged its interest rate risk.

ATP's Q1 result was EUR -3.7 billion. The investment portfolio suffered particularly badly, with a negative return of EUR -3.9 billion.

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