Interview

Dual task as Sweden’s AP1 prepares for termination

The Swedish pension fund AP1 is finding itself in the unparalleled position of both preparing for the dismantling of the fund and a transfer of its assets while at the same time staying disciplined in the management of its portfolio until the end of the year.

The decision to close down AP1 at the end of the year has intensified rather than alleviated the workload at the Swedish national pension fund. Following a political decision to reduce the number of AP funds, the three Stockholm-based funds AP1, AP3 and AP4
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