AMWatch

PFA claims returns comparisons overlook risk

PFA's poor performance in returns comparisons is partially due to the fact that portfolio risk is not considered, the pension company claims. However, independent advisor Nikolaj Holdt Mikkelsen, who provides cross-industry comparisons, calls this argument "bullshit."

Peter Tind Larsen, head of alternatives at PFA | Photo: PFA/PR

Peter Tind Larsen, head of alternatives at PFA, claims that the alternative investments in the pension company's portfolio are of a good standard, and returns are reported based on the recommendations from industry association Forsikring & Pension.

He therefore states that something else is responsible for PFA's poor performance in returns comparisons, which was recently the subject of reporting by AMWatch's Danish sister media, FinansWatch.

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