News archive

AP-fondernas etikråd utvecklas för att driva positiv förändring än mer effektivt

AP-fondernas etikråd utvecklas som en följd av en översyn som gjorts under året. Beslut har tagits att rekrytera en chef för AP-fondernas etikråd som bland annat ska forma ett kansli för att fortsätta driva positiv förändring i bolag där AP-fonderna har ägande. 

Long-term focus amid global uncertainty

The first half of 2022 was marked by Russia’s invasion of Ukraine. The war, in conjunction with lingering pandemic lockdowns, disrupted supply chains and led to a shortage of energy and intermediate goods. Soaring inflation prompted global central banks to tighten their monetary policies more than previously expected. Uncertainty over future developments and the complex risk landscape led to a sharp and simultaneous drop in fixed income and equity markets, a historically unusual pattern.

Two new board members of Första AP-fonden

The Government has appointed Annika Andersson and Erica Sjölander as new members of the Board of Directors at Första AP-fonden (AP1).

Karin Karlström new CEO of Polhem Infra

The Board of Polhem Infra has appointed Karin Karlström as new CEO of the company. Karin has been acting CEO since November 2021 and will take up the role of CEO on the 4 of May. Polhem Infra is owned by the First, Third and Fourth Swedish National Pension Funds and invests in unlisted Swedish companies focusing on essential infrastructure.

AP1, AP2, AP3 and AP4 post record profits of SEK 316 billion in 2021

Together, the AP Funds (AP1-AP4) achieved their best result ever of SEK 316 billion. This significantly contributes to the stability of the income pension system and the mission to be of the greatest possible benefit to current and future pensioners.

Första AP-fonden reports record results for 2021

The Fund’s return after expenses for 2021 amounted to 20.8 per cent, the highest figure in the 20-year history of the Fund. Through active decision-making and well-utilised risk mandates the Fund benefited from high market activity which led to Första AP-fonden (AP1) reporting a net investment income of SEK 80.7 billion. The result further strengthened the Swedish income pension system and increased AP1’s total net assets to SEK 466 billion. Cost-efficiency improved further and the Fund’s sustainability work continues to evolve.

The AP Funds to conduct a strategic review of the Council on Ethics

The First, Second, Third and Fourth AP funds will jointly conduct a strategic review of the Council on Ethics, as ESG and responsible investment practices are increasingly integrated into the AP Funds' asset management strategies and objectives. In connection to this, John Howchin, Secretary General of the Council on Ethics since 2009, announces that he is leaving his role.

Search for Emerging Markets Small Cap Managers

Första AP-Fonden har sedan 2013 investeringar i småbolagsaktier på tillväxtmarknaderna, förvaltat kapital är per den 30/6 6.2 miljarder SEK. Som en del i fondens investeringsprocess upphandlas samtliga mandat återkommande. Nu lanserar AP1 en upphandling av mandatet ovan och uppmuntrar förvaltare som förvaltar småbolagsaktier i tillväxtmarknader att delta i processen.

Rapid economic rebound and high market activity enabled a strong financial result

The first half of 2021 was characterised by high global capital market activity backed by a rapid economic rebound and strong risk appetite. Första AP-fonden’s (AP1) financial return for the first half of 2021 was 11.0 per cent before expenses and 10.9 per cent after expenses. A total of SEK 4.2 billion was transferred to the income pension system and at the end of June 2021 the Fund had assets under management of SEK 431.5 billion.

Joint AP Funds company invests USD 400 million in Northvolt

4 to 1 Investments KB, a company owned jointly by the Swedish National Pension (AP) Funds (AP1, AP2, AP3, AP4), is investing USD 400 million in Northvolt by participating in $2.75 billion private placement.