Första AP-fonden’s mandate is to manage parts of Swedish pensions, with a view to create stability over generations. For the pensioners of today. And tomorrow.
More information about our mandateThe future. Today!
We are helping to build the future of security today, for generations to come.
This is Första AP-fonden
Our assets, totalling SEK 492.2 billion, are spread across a global portfolio of shares, fixed-income securities and alternative investments such as real assets and private equity funds.
497,2bn
Fund capital as of 30 June 2025
7.0%
Average return over the last ten years
2.4bn
To the pension system in 2025
Första AP-fonden is a long-term owner that creates confidence and increases returns on its holdings.
More information about us as ownerNews
29 August 2025
Första AP-fonden delivers a good performance despite these turbulent times and prepares for a responsible handover
Geopolitical tensions and trade policy turbulence dominated the first half of 2025. In a challenging market climate, Första AP-fonden remain…
17 March 2025
Annual report 2024: The Council on Ethics for the Swedish National Pension Funds: Proactive work highlights important systemic issues
The Council on Ethics for the Swedish National Pension Funds sums up a year of active engagement. The proactive work addresses important sys…
21 February 2025
Stable execution and US stock market records contributed to strong performance
The year 2024 was impacted by the strong US economy and new record levels in the US stock markets. Easing inflationary pressures and weaker …
21 November 2024
Comment from 4 to 1 Investments on Northvolt
The AP Fund-owned company 4 to 1 Investments has received the information that Northvolt has filed for reconstruction in the US, so-called C…