AP1 beefs up equity portfolio amidst concerns of growing global tensions
The negative half-year result at Swedish buffer fund AP1 echoes the performance of AP4, which announced negative total returns for the first half earlier this month.
Investments at Sweden's AP1 buffer fund yielded a negative return of -1.8 percent after expenses over the first half of this year, the fund announces Thursday. Total assets declined from EUR 35.68 billion (SEK 365.5 billion) to EUR 34.65 billion (SEK 355 billion) over the first six months.
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