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"A 1% change in interest rates implies a €5 to €6 billion change in the value of our liabilities."

-- Henrik Gade Jepsen, chief fund manager at ATP, Danish pension fund with €36 billion in assets, on the impact of new accounting standards.

"A 1% change in interest rates implies a €5 to €6 billion change in the value of our liabilities." -- Henrik Gade Jepsen, chief fund manager at ATP, Danish pension fund with36 billion in assets, on the impact of new accounting standards.

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