Second AP Fund reports a total return of 10.5 percent for 2016
The Second Swedish National Pension Fund (AP2) reported a total return on investment of 10.5 percent for the full twelve months, excluding expenses. Assets under management rose to SEK 324.5 billion. The net result was SEK 30.5 billion. The Fund’s performance in 2016 means that it has exceeded the long term targeted return in both the long and short term.CEO, Eva Halvarsson, comments on the result: “In the past year, we have been able to celebrate the fact that the fund capital achieved the highest level ever, SEK 324.5 billion, despite a record payment to the pension system which in