AMWatch

McKinsey: Sweden's AP funds should widen their investment expertise

The four buffer funds behind the Swedish state pension system - the AP funds - need to raise their expertise level as their investment mandates are broadened, according to a 2019 evaluation report of the AP funds by consultancy firm McKinsey & Co.

Photo: McKinsey/PR

The Swedish finance ministry has been advised to ensure that the four AP buffer funds behind the state pension system are able to attract the right skills, given their now broadened investment mandate, reports investors' newssite Ipe.com.

The newssite cited a 2019 evaluation report of the AP funds by consultancy McKinsey & Co. saying:

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch