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Danish watchdog slaps pension funds' alternatives arm: Must valuate assets fairly

The investment company AIP Management must ensure "fair and appropriate" valuations, says the Danish FSA after an inspection.

Photo: Lars Krabbe/IND

In April, the Danish FSA visited the investment company AIP Management, which is partially owned by the pension companies PKA and Pensam.

The inspection, which focused on asset management and determining the value of the underlying assets, has resulted in two directives, according to an FSA statement.

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