Swedish national pension fund AP4 has repeatedly claimed that Sweden’s scheduled changes to AP funds’ investment rules are inflexible and fail to provide AP funds with an equal platform compared to other institutional investors.
The proposals that are set forth in the memorandum include continued significant limitations to investments in illiquid assets, states AP4 CEO Niklas Ekvall in a press release on AP4’s mid-year results. "Nor do the proposals ensure AP funds the conditions of other comparable institutional investors," he says.
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