AP2 has published the Female Representation Index for 20 years – During 2022 the proportion of women on boards continues to increase, now amounting to 35.4 percent

Andra AP-fonden (AP2) has for 20 years measured the proportion of women on boards and in executive management teams and published AP2’s Female Representation Index. The Index for 2022 shows that the proportion of women on the boards of companies listed on NASDAQ Stockholm continue to increase and is now 35,4 (34.5) percent. This is …

AP1, AP2, AP3 and AP4 post record profits of SEK 316 billion in 2021

Together, the AP Funds (AP1-AP4) achieved their best result ever of SEK 316 billion. This significantly contributes to the stability of the income pension system and the mission to be of the greatest possible benefit to current and future pensioners. The average return for the year was 19.3 per cent after expenses. The AP Funds’ …

Andra AP-fonden reports its best ever result

Andra AP-fonden’s (AP2) profit of SEK 62.3 billion for 2021 is the best ever reported by the Fund. For 2021, the Fund’s total return amounted to 16.3 per cent, which after net payments of SEK -7.5 billion to the pension system increased the Fund’s assets under management to SEK 441 billion. The relative return was …

Andra AP-fonden publishes Sustainability Report for 2021

Andra AP-fonden (AP2) continued its intensive efforts to integrate sustainability into its asset management in 2021. The Fund’s approach to sustainability is based on the conviction that sustainability leads to better asset management results, which benefits the income pension system and pensioners. The Fund began working on sustainability issues already at launch just over 20 …

AP2 recruits Erik Kleväng Callert to new CIO

Andra AP-fonden (AP2) has recruited Erik Kleväng Callert as the new CIO (Chief Investment Officer). Erik is currently CIO and Sustainability Manager at PRI Pensionsgaranti and has previously been CIO at both SPP Pension & Insurance and at Nordea Life & Pensions. In addition to having extensive and broad experience of leading and developing asset …

AP2 receives prestigious award for its sustainability reporting

AP2 has been awarded the prestigious “2021 ICGN Global Stewardship Disclosure Award” by the Global Corporate Governance Network (ICGN). ICGN awards AP2 the “2021 ICGN Global Stewardship Disclosure Award” for the Fund’s sustainability reporting. The purpose of the award is to recognize those investors who provide genuine insight into their stewardship policies and how they …

Andra AP-fonden invests SEK 500 million in fund for sustainable infrastructure in emerging markets

AP2 further contributes to sustainable development in line with the Paris Agreement by investing approximately SEK 500 million (EUR 50 million) in the Climate Finance Partnership (CFP) managed by BlackRock. CFP will invest in sustainable infrastructure in developing countries focusing on renewable energy with associated infrastructure such as electricity grids and battery storage. Sustainable infrastructure …

The AP Funds to conduct a strategic review of the Council on Ethics

The First, Second, Third and Fourth AP funds will jointly conduct a strategic review of the Council on Ethics, as ESG and responsible investment practices are increasingly integrated into the AP Funds’ asset management strategies and objectives. In connection to this, John Howchin, Secretary General of the Council on Ethics since 2009, announces that he …

AP2 reports its best ever half-year result

Andra AP-fonden (AP2) reported a total return of 10.2 per cent, after costs, for the first half of 2021. Profit amounted to SEK 39.2 billion and the Fund’s assets reached SEK 421.2 billion at the first half of 2021. This is the best half-year result ever achieved by the Fund. The Fund’s private equity portfolio …

AP2 publishes its sustainability report for the first half of 2021

During the first half of 2021, Andra AP-fonden (AP2) continued its intensive work of integrating sustainability in its portfolio management. This includes a number of investments in sustainable infrastructure, such as the investment in Northvolt through an AP Fund-owned (AP1, AP2, AP3, AP4) company. The Fund’s approach to sustainability is based on the conviction that …