Danish fund sets up in Greenland

The Copenhagen-based Dkr140bn (€18.78bn) PFA, one of the largest pension funds in Denmark, is setting up a pension fund for white collar workers in Greenland.

The fund is set to be operational from July 1 and will have an office in Nuuk, the main city of Greenland. PFA will put in Dkr8m and its Greenland partners will contribute another Dkr4m.

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