Internal and external management
A large share of Första AP-fonden’s portfolio, more than 56 percent, is managed internally by the Fund’s own asset managers.
The foremost task of the Fund's internal management is to determine and steer the composition of the portfolio - the strategic asset management. Through asset allocation, the Fund is expected to meet its overall annual return target of 5.5 percent after expenses.
In the Fund's sub-portfolios for equtities, fixed inome assets and alternativ investement, the Fund uses a renge if different management and steering processes with focus on absolute risks, fundamental values and return.