ATP, the €82bn Danish public pension fund, reported a doubling of its investment gains in the third quarter of 2012, after its holdings in Danish equities and high-yield bonds performed strongly.

The latter performed so well that the fund's chief investment officer, Henrik Gade Jepsen, warned today that "the best may be behind us" in 2012's high-yield rally.

ATP warns end may be in sight for high-yield rally

The €82bn Danish public pension fund reports another strong set of results for the third quarter

Mark Cobley

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