Första AP-fondens Annual Report 2009

• Introduction
  • Highlights of 2009
  • Message from the Managing Director – the Year in Review
  • From fear to hope
• Första AP-fonden's investment model
  • Första AP-fonden’s investment model
  • Organization and personnel
• Operations and results 2009
  • Directors' report
  • Fund performance
  • Five-year overview
  • Total return
  • Internal management
  • External management
  • Portfolio composition
  • Income statement
  • Balance sheet
  • Accounting and valuation principles
  • Notes
  • Statement of assurance
  • Audit report
  • Fund management report
  • Report on internal control and risk management
  • Board of Directors
  • Executive Management Team