Asset Owner Directory

AP Fonden 3 (AP3)

AP3 is an investor tasked with contributing to the stability of the Swedish income pension system on behalf of current and future pensioners. The Fund’s capital is invested to obtain high returns over time, with a mandate that includes promoting a sustainable development through responsible ownership and investment.

Country

Sweden

AUM ($B)

$50

Performance

9.7

Chief Executive

Kerstin Hessius

Chief Investment Officer

Pablo Bernengo

Chair

Christina Lindenius

Asset allocation
Asset Allocation as of December 31, 2020 was as follows: Equities Global (33.6%), Equities Sweden (12.0%), Real estate (14.4%), Insurance risk (1.1%), Infrastructure (3.8%), Timberland (1.4%), Government bonds (18.8%), Private Equity Funds (4.2%), Credits (6%), Inflation-indexed bonds (6.2%)

33.6% Equities Global

12% Equities Sweden

14.4% Real Estate

1.1% Insurance Risk

3.8% Infrastructure

1.4% Timeberland

18.8% Government Bonds

4.2% Private Equity Funds

6% Credits

6.2% Inflation-indexed Bonds

Top1000funds.com related articles
Sustainability

The qualities of successful stewardship

The Investor Mining & Tailings Safety Initiative, chaired by the Church of England Pensions Board and the Swedish Council of Ethics of the AP Funds has won the PRI Stewardship Project of the Year Award. The initiative reveals the qualities of successful stewardship.
Uncategorised posts

What consolidation means for the AP funds

The five Swedish AP buffer funds will be reduced to three, a new responsible body will be set up to formulate long-term return targets and a reference portfolio, and limits on unlisted investments will be lifted under the new plan put forward by the Swedish Government. These are the findings of The Pension Group, which […]