Active asset management
Global fixed income and equity markets showed sharply negative returns in 2022, driven by outbreaks of war, continued pandemic effects, high inflation and rising interest rates.
Through active asset management focused on protecting the portfolio and limiting downside risks, Första AP-fonden reports a return of minus 8.6 per cent corresponding to net investment income of SEK -39.9 bn during 2022. The Fund exceeds its target of 3 per cent real returns over rolling ten-year periods.
Assets under management has increased from SEK 172 billion in 2008 to SEK 421.2 billion (as of 31 December 2022).
Read the latest report here (in Swedish).