ATP, one of Europe’s biggest pension funds, continued its 2017 winning streak in the third quarter with a 9% return, amid buoyant equity markets and a recovery in long bond yields.

The results continue a banner year for the Danish national pension fund, which is regarded as one of Europe’s best-managed. It has made 24.4% on its investment portfolio between January and the end of September, it said today, confirming its best results in five years.