AP2 sticks to strategy despite lagging behind other Swedish buffer funds

The returns of Sweden's AP2 lag behind both the three other pension buffer funds in 2020 and when looking at five- and ten-years annualized returns. AP2 will be sticking to its strategy, CEO Eva Halvarsson tells AMWatch.

Eva Halvarsson, CEO of AP2. | Photo: PR/AP2/Håkan Målbäck

In 2020, the Swedish AP2 buffer fund landed a return of 3.5 percent, which is below its long-term return forecast of 4.5 percent.

The three other buffer funds in the Swedish pension system, AP1, AP3 and AP4, achieved higher returns ranging between 9.6 and 9.7 percent.

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