Peter Brink Madsen is a partner at the Danish alternative manager Aros Capital Partners ApS. He tells The Wall Street Journal why he likes the mortgage-bond market in Denmark and bank debt.

Few international investors know this, but the Danish mortgage-bond market is one of the biggest covered-bond markets in the world. Although complex, the market is one of the safest, rated triple A by the rating agencies. The market also withstood the financial crisis in 2008 and 2009. Danish mortgage bonds are very liquid, enabling investors to get in and out of them easily and cheaply. We believe they provide good opportunities to outperform most benchmark indexes, as well as offering attractive portfolio diversification benefits.