Pension fund reports record returns

One Danish pension fund is particularly pleased with its 2021 returns for its average rate product.

Kåre Hahn Michelsen, CIO, P+ | Photo: PR

P+, a Danish pension fund for academics, reports returns of DKK 17.5bn (EUR 2.4bn), or 14 percent, for its average market rate product, P+ Balance, in 2021. According to a press release from the fund, this is the highest return generated since 2009.

Kåre Hahn Michelsen, CIO at P+, calls the result "very satisfactory."

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