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AP3 beats reference portfolio by wide margin

Strong double-digit returns from equities and alternatives drive AP3's half year result.

Kerstin Hessius, CEO of AP3 | Photo: AP3/PR

Sweden's AP3, one of the country's buffer funds, has reported its half-year figures. Its returns for the first half of the year amounted to 11.4 percent after costs and the overall result was SEK 48.1bn (EUR 4.7bn).

Assets under management at the half-year mark totaled almost SEK 470bn (EUR45.8bn), according to the new report.

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