Danish stocks shine for PFA Pension

PFA Pension’s selection of Danish stocks has paid off significantly this year, with the value of its Danish stock portfolio increasing by 27 percent, outperforming the C25 index’s 10 percent rise. This represents the highest semi-annual return on Danish stocks for PFA in 14 years. Chief strategist Tine Choi Danielsen credits the success to the strong performance of companies like Novo Nordisk, Danske Bank, Zealand Pharma, and Netcompany, and notes that many Danish companies are large global players not solely reliant on Denmark’s economy. PFA has an overweight position in Danish stocks compared to the country’s size. The European Stoxx 600 index saw an 8.3 percent rise, while the American S&P 500 index experienced a 14.7 percent increase since the start of the year.