AMWatch

Swedish giants blame global equities for eroding 2018 returns

The rout in equity markets around the world caused a collapse in returns for several large pension funds in Sweden last year.

Niklas Ekvall, CEO at Sweden's AP4. | Photo: AP4/PR

At Swedish national pension fund AP4, the annual return for 2018 was minus 0.2 percent and its assets total dipped to SEK 349.3bn (EUR 33bn) by the end of December. The fund's CEO Niklas Ekvall emphasizes that that last year was rather exceptional.

"Naturally, the year’s negative result is unfortunate, both for the national pension system and for us who work at AP4. At the same time, we should remember that this is the first year since 2011 that AP4 has shown a negative result and the second year since 2008," Ekvall said in a statement.

Read the whole article

Get 14 days free access.
No credit card required.

  • 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

The ESG market is controlled by a few big investors

Finland's largest investor holds 62 percent of shares of multi-trillion ETFs offered by iShares and 64 percent of Xtrackers' equivalent offering. Having a few investors dominating ownership in this way is not good for the vehicles' liquidity and could be a big challenge facing the sector.

"We continue to see further growth in our Nordic book of business"

DECEMBER SERIES: What were the most important developments at some of the global asset managers present on the Nordic market in 2021, and what are their expectations for the coming year? AMWatch's December series is kicked off by Head of Nordics at State Street Global Advisors, Arnaud Bruyneel. 

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch