CIO: Short-term adjustments can add value for long-term investors

A long-term investment horizon enables state pension funds like Sweden’s AP2 to “do something that other investors cannot do,” the fund’s CIO tells AMWatch in an H1-interview.

Erik Callert is chief investment officer of Sweden's AP2 buffer fund. | Photo: AP2 / PR

by KIM WIESENER

When one of Sweden’s four major buffer funds, AP2, delivered a 4.8% return on its investment portfolio in the first half of the year, its management was quite satisfied, but not particularly surprised.

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