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.
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