Denmark

DENMARK - ATP Group has recorded losses of DKK2.2bn (US$0.46bn) in the first quarter, with its investment portfolio returning -0.3%.

DENMARK - Public and media pressure is increasingly forcing Danish pension funds to focus on social and ethical concerns in their investments.

DENMARK - PKA showed strong returns in 2007, despite the ongoing effects of the credit crunch, according to the pension fund's annual report released today.

DENMARK - The €51bn (US$) ATP fund has announced a radical investment strategy which it says would allow scheme members to benefit from higher guaranteed pensions without increased risk.

DENMARK - Industriens Pension produced a 0.6% return over 2007, but lowered its member costs by 10%.

DENMARK - The DK445bn (US$90.7bn) ATP fund has signed up to the Carbon Disclosure Project (CDP).

DENMARK - ATP recorded a 5.9% annual investment return of DKK21.3bn (US$4.2bn) before tax over 2007 but lost a considerable amount through its hedging activities.

DENMARK - Finanssektorens Pensionskasse (FSP) has doubled its allocation to high yield debt from 4% to 8% of scheme assets.

DENMARK - Pensioners are set to receive higher payments as ATP saw a DKK11.4bn (US$2.1bn) profit in the first three quarters of 2007, despite recent market turbulence.

DENMARK - Pensionskassernes Administration (PKA) has announced it has acted to divest its DKK65m (US$12m) holding in oil companies working in Burma.