AP2's half-year return negatively affected by the fund's overweight in low valuation equities

Continued tailwind to the technology sector negatively affected the return from one of the large Nordic pension funds, which was also hit by the weaker recovery in emerging markets.
Eva Halvarsson, CEO of AP2. | Photo: PR/AP2
Eva Halvarsson, CEO of AP2. | Photo: PR/AP2

The Swedish state pension buffer fund Andra AP-fonden (AP2) came out of the first half of 2020 with a negative return of 5.1 percent.

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