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AP4 to integrate Scope 3 emissions into investment decisions
The fund is tackling the controversial area as part of its commitment to halve the emissions of its investments by the end of the decade
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AP4 resets long-term scenarios amid US trade worries
Swedish pensions buffer fund CEO sees political environment remaining problematic for years
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Sweden’s AP4 eyes biomaterials investment following green analysis
Buffer fund says still focused on wind and solar power, but has also identified ‘interesting areas to monitor going forward’
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AP4 ‘does not agree’ with Glass Lewis, ISS Shell climate resolution advice
AP4 is one of 27 institutional investors who co-filed the shareholder resolution with activist group Follow This
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AP3, AP4 eye faster investment decisions after joint IT procurement
Swedish buffer fund duo link up to replace current patchwork of systems with SimCorp’s comprehensive Dimension system, citing many advantages
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AP4 chair Britta Burreau dies after short illness
Advocate for equality, diversity and sustainability, former CEO of KPA Pension praised for her ‘vision and drive’
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AP3 leads Swedish buffer fund first-half returns, despite Thames Water hit
As Stockholm buffer funds await decision on merger, AP3’s 7.1% January-to-June return beats AP1, AP2 and AP4
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AP4 slashes transport holdings after green-shift fundamental analysis
Swedish state pension fund divests airlines, shipping, and traditional lorries while buying into US rail and niche players in truck freight
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AP4 wins back almost half last year’s loss by end of June
Swedish buffer fund says strong stock market performance boosted returns in first half of 2023
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AP4: A pension fund investing 40 years into the future
Niklas Ekvall (pictured), CEO of Fjärde AP-fonden (AP4), one of the Swedish buffer funds, talks to Carlo Svaluto Moreolo about building a robust and sustainable long-term portfolio
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AP4’s 11.9% loss confirms AP3 as largest buffer fund after 2022
Last of the big-four Swedish pensions buffer funds to report 2022 figures says active management worsened result by 3.8 percentage points
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Sweden’s AP buffer funds criticise government proposals to merge them
AP1, AP2 argue that it’s impossible to say whether restructuring should happen, since government proposals are ‘incomplete’ or have ‘decisive flaws’
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IPE Awards: AP4 wins European Pension Fund of the Year
Timo Löyttyniemi wins Pension Fund Leader award while the Outstanding Industry Contribution award has been given to Dorrit Vanglo
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AP3 overtakes AP4 to become largest Swedish buffer fund
Other major Nordic pension funds GPFN and KLP reveal first-half losses of 5.4% and 2.1%
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AP4 actively seeking companies planning sustainable energy change
Swedish pensions buffer fund explains work with thematic investments focusing on resource-intensive sectors
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Equity Market Outlook 4Q 2024
Despite a slowing U.S. economy, we reaffirm many of our Q3 recommendations and think the odds of an imminent recession remain low.
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AP1 widens tracking error to realise long-term potential
AP4 leads Sweden’s big four national pension buffer funds on 2023 returns
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AP4, PFZW win plaudits for transparency in international pension fund ranking
Canada’s CPP Investments ranked as most transparent pension fund overall, while PFZW, AP4 assessed as most open pension fund on costs, responsible investment
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Fixed Income Investment Outlook 4Q 2024
With the U.S. Federal Reserve’s recent interest rate cut, we anticipate broad easing by central banks over the next year across the developed world. However, some caution may be warranted on duration, as markets may be overly optimistic about the initial pace of reductions. Meanwhile still sturdy, if softening, economic conditions along with strong investor demand have contributed to narrow corporate credit spreads, reinforcing the value of a quality emphasis and drawing on yield and price opportunities wherever they emerge.
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Asset Allocation Committee Outlook 4Q 2024
“We do think the Fed will get the first 100 basis points done quickly, but we see the central bank aiming for a return to a neutral rate, rather than an accommodative one—and in a soft-landing environment that would justify a rate cut pause around mid-year 2025, in our view.”