AP6

News

Sweden’s AP2 and AP6 conflict over PE investments

The Swedish government’s plans to streamline the country’s pension system and merge the $8 billion buffer fund AP6 with its larger and more diversified sibling, the $48 billion AP2, have hit a bump in the road. Major points of contention include AP6's large private equity exposures and staff integration.

Sarah RundellDecember 4, 2025

Investor Profile

AP funds face consolidation as report flags scale and efficiency wins

A long-awaited review into Sweden's buffer funds suggests consolidation between the three Stockholm funds – AP1, AP3 and AP4 – stating that the advantages in terms of efficiency and scale outweigh the disadvantages of continued separation.

Sarah RundellJuly 9, 2024

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 […]

Amanda WhiteApril 4, 2014