AP1 records a healthy H1 return of 9.7 percent
Since the end of 2018, AP has slightly increased its exposure to equities and bonds and cut down on its exposure to hedge funds, risk capital funds and real estate.
BY REETA ILONA PAAKKINEN
Swedish AP1's investments pulled in a return of 9.7 percent over the first half of this year. Assets under management grew from EUR 30.8bn to EUR 33.5bn. The return is a remarkable improvement since the first half of 2018, when returns stood at 2.5 percent. In 2018, total return was a negative 0.6 percent.
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