AMWatch

"EUR 3.6 billion inflow won't hurt future performance"

The largest open-end equity fund in the Nordics grew by roughly EUR 3.6 billion in 2018. But this rapid rate of expansion will not dent future performance, the provider's CIO tells AMWatch.

Ingrid Albinsson is executive vice president and CIO at AP7. She has previously worked at Swedbank Robur from 2000 to 2011 and SEB from 1990 to 2000. | Photo: Peter Knutson/AP7

By the end of 2018, total assets in AP7's equity fund hit roughly EUR 40.1 billion, according to data provided by Morningstar. Last year alone, the inflow was EUR 3.6 billion.

Most of this inflow came as a result of a Swedish pension reform which was introduced last year. The reform reduced the number of available funds on the premium pension system's platform to 783 from 842 -- and all the money from these funds was transferred to AP7 Såfa. AP7 Såfa is a blend of AP7's equity fund and its fixed income fund.

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