Danish pension company PFA's investments are generally able to withstand crises, but nobody could have predicted the current health crisis and the way it has ripped the rug out from under many companies, says PFA Chair Peder Hasslev.
This comes after an investment in aircraft leasing company Nordic Aviation Capital (NAC) resulted in a loss of DKK 3bn (EUR 400m), the biggest loss on a single investment in the pension company's 104-year history.
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