(Bloomberg) — The biggest pension fund in the Nordic region is working on a plan to rejig its $130 billion portfolio to help it cope with long-term negative interest rates.ATP, which is based north of Copenhagen, says its review will be “comprehensive.” There are “big decisions” ahead, Chief Executive Officer Bo Foged said in an interview. Measures may include shifting the basic allocation model at the fund to allow it to offload bonds and add risk.ATP is trying to run a pension fund in a country that’s had negative rates longer than any other place on Earth. Denmark’s central bank …read more
Source:: Yahoo Finance
