In 2019, Swedish premium pension system default fund AP7 had a record year, delivering a 33.1-percent return and comfortably beating a majority of funds available on the fund platform Fondtorget.
A volatile 2020 meant returns of 4.4 percent were not quite as lucrative last year, whereas the average return from the private funds was 8.8 percent. But CEO Richard Gröttheim is still satisfied with the figures for 2020.
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