the Multi-national pension funds – who manages the public pension pot – is reporting record figures. Once the funds are now published its financial statements for the years 2019, shows the strong results for the first -, second -, and fourth Swedish national pension fund).
the Fourth Swedish national pension fund – the largest – had their best year since 2001.
the Best of the year for AP4, the late 2001
– / AP4’s return, and the result of 2019, the highest level since the inception of the new pension system in 2001, ” says Niklas Ekvall, the ceo of AP4, in a statement.
He continues:
” the strong performance of the financial markets, the need to be seen in the light of the very difficult end of 2018, with a sharp fall in stock markets and rising interest rates.
the Fourth Swedish national pension fund had a return of 21.7 per cent in 2019. This can be compared to a snittavkastning of 9.9 per cent in the 10th century.
the Result was a total of 75.2 million and total fund assets under management amounted to sek 418 million.
Tough year of waiting for the AP-funds
Pleasing the figures for the pension fund, but the future does not look quite as bright.
” Look, we are in a place beyond it, in our opinion, is a major challenge for the next ten years to achieve an equal level of investment performance. There is a very low interest rate environment is expected to remain negative, the real rate of return on interest-bearing assets, with a mid-term perspective, combined with the generally relatively high level of valuations, we can expect to see a lower rate of return in the future, ” says Niklas Ekvall, in a statement.
the Record of the Second Swedish national pension fund)
Also, the First Swedish national pension fund had a good return last year to its highest level in ten years: 15.1%.
the final tally arrived at 48,6 billion, and fund assets under management amounted to eur 366 million.
“It means that we can comfortably exceed our long-term goal,” says Teresa Isele, is the acting president of the First national Swedish pension insurance fund, in a statement.
the Second Swedish national pension fund, posted its highest profit ever in 2019. It peaked at 53 million. The yield was 15.9%, and the total shareholders ‘ equity amounted to sek 381 million.
on the Third and Sixth national pension funds have not yet reported their financial statements in order to 2019.
this is The AP-funds
the AP-funds have a mandate to ”manage the pension capital within the social security system, both for today’s and tomorrow’s pensioners.
in general, the pension is comprised of both income-based and premium-based pension, in which five of the AP funds – AP1, AP2, AP3, AP4, and AP6 – managing the tax year of the when income-based pension. AP7 manages the capital of the premium pension.
the AP1, AP2, AP3 and AP4, have the same mission but slightly different approaches to management.
the AP6 is a specialist in the unlisted investments.
Source: , the Swedish national pension funds.
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