AP3 halved external mandates in 2022

Emerging markets almost disappeared from AP3’s portfolio in 2022. The Swedish buffer fund plans to resume such investments after defining a new model for political risks, its CEO says in the annual report.

CEO Staffan Hansén considers AP3's -5,8% return 'reasonable'. | Photo: Ap3 / Pr

by KIM WIESENER

The Swedish buffer fund, AP3, delivered its first negative return last year since 2011, as it recorded a dramatic drop from the heights of 2021.

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AP3 halved external mandates in 2022

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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