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ATP hedging programme boosts results

Dramatic gains on its hedging programme enabled ATP, the Copenhagen-based labour market pension fund, to almost sidestep the huge falls that hit pension schemes across the world in 2008.

ATP - winner of Life & Pensions' 2008 Pension scheme of the year award - saw only a Dkr25.7 billion (EUR3.4 billion) loss - equivalent to a return of -3.2%. This was far superior to the results achieved by state

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