Danish pension provider Sampension has reported an 11 per cent return for a typical 45-year-old customer with savings at market interest rates and a moderate investment profile in the first nine months of 2026.

Commenting on the results, Sampension deputy chief investment officer, Jesper Nørgaard, said the year-to-date return is “still very impressive” and means Sampension are in a “very good place” when compared to previous years.

During September, both equities and bonds fell in value, mainly due to both the US and European central banks raising their interest rates. The Danish central bank followed suit.

At the same time, Danish equities had a difficult time, and Novo, Vestas and DSV, for example, pulled the market down.

"We have also turned our attention to government bonds,” Nørgaard said.

“For example, the yield on French government bonds has risen – and this is not sustainable in the long term. On the other hand, it will be attractive to invest in bonds, so we are following this development closely.”

Nørgaard also expressed excitement about what happens at the US midterm elections and whether the interest rate hikes can keep inflation at bay.

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