Steffensen, Sigurd Anders Muus; Jensen, Birthe Merethe; … - 2024
The ratio of pension assets to GDP in Denmark is the highest among OECD countries. Danish pension funds invest more … financial instruments. We study the currency hedging behaviour of the Danish pension sector and show that it differs with … respect to exposures in dollar and euro, given Denmark's fixed exchange rate against the euro. Additionally, we find a …