ATP recovers, but freezes pension increase

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DENMARK - Danish pension fund ATP has recouped most of its 2008 losses, but is freezing pensions at their 2009 levels next year.

ATP gained DKK22.2bn (US$4.4bn) in the first nine months of the year helping total assets reach DKK61.9bn, the pension manager said today. Chief executive Lars Rhode said: "Results for the first...

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