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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

EDHEC: a bridge to practical portfolio construction

The new chairman of EDHEC-Risk Institute’s international advisory board, chief investment strategist at Swedish pension fund AP2, Tomas Franzen, says institutional investors should embrace academia and be open to applying research in the implementation of practical portfolio construction. He says that while investing is part art and part science, it is important to employ science

AP2 extends metrics to emerging markets debt

Swedish buffer fund AP2 is investigating a move from traditional market cap-weighted benchmarks for its fixed-income portfolio to using other metrics, such as fiscal sustainability or GDP weights, the fund’s chief investment strategist Tomas Franzen says. The 216.6-billion Swedish krona ($30.9 billion) fund has more than 36 per cent of its portfolio in investment-grade fixed

Swedish fund takes the long view

As an avowed long-term investor the Second Swedish National Pension Fund (AP2) has taken a 40-year view when looking at its balance sheet, which includes attempting to comprehensively build in sustainability considerations into its investment strategy.