ATP combats ongoing market uncertainty

ATP Group, Denmark’s largest pension fund, has reported a negative result of DKK 51 billion ($6.8 billion) due to a large negative return in the investment portfolio.

An interim report for the first half of 2022 shows that investment in real estate generated returns of DKK 2 billion ($268 million). The returns for real estate investments in the first half of the year primarily came from rental income from directly owned real estate and profits from the selling of properties. In addition, there have been positive revaluations in the logistics segment, while other segments have seen negative revaluations due to market conditions

The pension fund’s negative overall return was caused by the general market developments with falling equity markets and rising interest rates, said ATP. In the first half of the year, the investment portfolio generated negative returns of DKK 57.6 billion ($7.7 billio