Första AP-fonden (AP1) manages part of the capital in Sweden’s national income pension system. The long-term return should be at least 4 per cent.
Our assets of SEK 338 billion are distributed across a global portfolio consisting of equities, fixed-income securities, real estate, infrastructure, private equity funds and hedge funds.
We invest sustainably and long-term, and practise responsible ownership.
Arabesque S-Ray® and AP1 are working closely together to develop a sustainability score assessing the compliance of companies with Human Rights.
New recruits at Första AP-fonden (AP1) are plunged straight into the core business and have an opportunity to influence the results.
The financial institutions AP1, a.s.r., OPTrust, Pensioenfonds van de Metalektro (PME) and Philips Pensioenfonds, supported by Ortec Finance - the provider of investment decision technology and solutions - announce the launch of their climate-savvy Asset Liability Management/Strategic Asset Allocation (ALM/SAA) pilot project.
Första AP-fonden’s (AP1’s) wholly owned housing company Willhem is planning to issue a ‘green bond’ to fund its environmental initiatives.
Sophie Larsén is an Equities Manager, whose goal is to make the pension fund grow.
“The Fund’s long-term approach enables a level of specialisation. I personally work with midcap in Sweden and healthcare companies globally. It’s an interesting combination.”
Sophie Larsén is an Equities Manager in Sweden and globally.
Net investment income of SEK 8.5 billion for the first six months of 2018 means that AP1’s return exceeds the long-term target of 4.0 per cent. Net assets increased to SEK 338 billion.
Första AP-fonden’s range of investments is governed by the National Pension Insurance Funds (AP Funds) Act. A change in the law is expected to improve the ability to act in pensioners’ best interests.
Photo: Melker Dahlstrand/Sveriges Riksdag.
“AP1 is a good owner that is persistent, but also places clear demands on sustainability and profitability,” says Mikael Granath, MD of real estate company Willhem.