Sweden's AP2 fund reports smaller half-year gains than its peers

The AP2 pension fund delivered positive returns in H1 and increased its AUM, but performed less well than two of its peers, AP1 and AP4, mainly due to low returns from alternative investments.
AP2 CEO Eva Halvarsson believes that risk-spreading will generate a “good and stable” long-term return. | Photo: AP2 / PR
AP2 CEO Eva Halvarsson believes that risk-spreading will generate a “good and stable” long-term return. | Photo: AP2 / PR

AP2, one of Sweden’s four major state buffer funds, delivered positive returns during the first six months of this year, but still lagged behind the two peers that have reported half-year results so far.

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