Annual Report 2008
VD-kommentar
Flash-area
Introduction
From mission to return
Highlights of 2008
Message from the Managing Director
2008 in perspective
The mission
The mission
The mission – to contribute to the stability of the pension system
Anna Hedborg on the pension system
Do the AP funds affect the amount of income pension?
Goals and strategies
Goals and strategies
Strategies for realizing the mission
The pension system demands high returns
Active management – a key component of the management model
Risk management
Corporate governance
The employees – our most important resource
Organization
Organization
Management organization
Investment operations
Operations and results in 2008
Operations and results in 2008
Fund performance
Five-year overview
Total return
Active return
Internal management
External management
Portfolio composition
Corporate governance in 2008
Accounting and valuation principles
Income statement
Balance sheet
Notes
Statement of assurance
Audit report
Fund management report
Report on internal control and risk management
Board of Directors
Executive Management Team
Contents and production: Första AP-fonden in cooperation with
Hallvarsson & Halvarsson
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