AMWatch

AP3 also achieves best investment result of decade

Swedish state pension fund AP3 made a 17.6 percent return after expenses last year. Just like several other pension funds, this result is the best in a decade.

CEO Kerstin Hessius of AP3. | Photo: AP3/PR

AP3 – one of the Swedish state pension funds in the AP-system – reported a net result of EUR 5.6 billion (SEK 59.5 billion) in 2019, equating to a return of 17.6 percent after expenses.

By the end of the year, the fund managed EUR 37.3 billion (SEK 394 billion) – an increase of EUR 5 billion (SEK 53 billion) from the prior year.

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