Danica and Nordea pensions hit negative returns

By 2008-05-01T11:30:00

Danica and Nordea pensions hit negative returns

[12:30 CEST 01-05] DENMARK - Danica Pension, the pensions arm of Danske Bank, saw a negative return on its investments in the first quarter of -1.3%, and the business made a pre-tax loss of DKK420m (€56.2m) largely as a result of this.

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