AMWatch

Unlisted assets boost returns at Industriens Pension

Investments in US venture funds boosted the pension company's total returns for the first half of 2021.

Laila Mortensen, CEO, Industriens Pension | Photo: PR/Industriens Pension

During the first half of this year, Industriens Pension generated returns of DKK 16.3bn (EUR 2.2bn), equating to 8.2 percent. Investments in unlisted assets were a huge contributor.

"We have gained very good returns from several different asset classes during the first half of the year. The best performing asset class has been unlisted assets, where US-based venture funds have really generated good returns. At the same time, listed assets have generally also increased in value due to the predictions of good growth in both Europe and the US," says CEO of Industriens Pension Laila Mortensen.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

OP's AUM growth slows down slightly in Q2

OP Financial Group's mutual funds' AUM increased in Q2, though at a slower pace than in Q1. For the first half year of 2021 as a whole, the bank's mutual funds have attracted more than 100,000 new unitholders.

Further reading

Related articles

Trial banner

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch