Sampension reports improved customer returns in H3 as equity rally continues

Sampension has reported an 8.2 per cent return for a typical customer after the end of the third quarter of 2025, a 4.8 per cent improvement from the first half of the year, amid sustained momentum in global equity markets.

The firm also found a retired customer with the same profile achieved a 5.1 per cent return.

The Danish pension provider’s latest results follow a 3.4 per cent return in the first half of 2025, when markets were characterised by “great unpredictability”, particularly due to tariffs implemented by the US.

Indeed, in its latest update, the provider noted that 2025 has been shaped by “many announcements from US President Trump”, which have contributed to shifting investor sentiment and sharp market movements.

However, after hitting a low point in April, stock prices have since rallied strongly across the US, Europe and other regions, although Denmark has proved a notable exception.

Domestic heavyweights such as Novo Nordisk and Ørsted have weighed on Danish equity performance; however, Sampension stated that it continues to see positive results across both equities and bonds.

This comes despite expectations that the European Central Bank is unlikely to cut interest rates further this year.

Sampension deputy investment director, Jesper Nørgaard, noted that the shares had provided good returns, despite “headwinds” in some Danish companies.

“With investments in everything from shares to properties, we are well equipped to handle the changing winds in the financial markets,” he added.

Echoing this, an Epinion survey conducted on behalf of Sampension recently found that the majority of Danish pension customers have gained a greater understanding of the importance of staying calm when markets fall following the equity sell-off that came after Trump’s so-called ‘Liberation Day’.

The survey, which questioned around 1,000 Danes with pension schemes, found that two out of three Danish pension savers felt that the rollercoaster ride on the stock markets after Trump’s ‘Liberation Day’ on 2 April had taught them the importance of keeping their wits about them when stocks plunge.



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