$100 Billion ATP Fund Says `Massive' Rout Shows Bonds Decoupling
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The chief executive officer of Denmark’s biggest pension fund says Monday’s global stock market selloff is the latest example of a decoupling between bonds and equities.
Carsten Stendevad, who oversees more than $100 billion in assets as CEO of ATP, says the changed relationship between the two asset classes is making it much harder to diversify portfolios.