AMWatch

AP1 records a healthy H1 return of 9.7 percent

Since the end of 2018, AP has slightly increased its exposure to equities and bonds and cut down on its exposure to hedge funds, risk capital funds and real estate.

Photo: PR / AP1

Swedish AP1's investments pulled in a return of 9.7 percent over the first half of this year. Assets under management grew from EUR 30.8bn to EUR 33.5bn. The return is a remarkable improvement since the first half of 2018, when returns stood at 2.5 percent. In 2018, total return was a negative 0.6 percent.

While the result is primarily based on the fund’s strong performance in global stock markets, all of AP1's asset classes contributed to the positive result, says CEO Johan Magnusson.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

New paper slams model portfolio boom for conflict of interest

So-called model portfolios -- off-the-shelf investment strategies often comprising bundles of ETFs -- are ridden with conflicts of interest, according a trio of academics, including Associate Professor from the Norwegian School of Economics Nataliya Gerasimova.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch