Asset Owner Directory

AP Fonden 4 (AP4)

AP4 was originally established in 1974 to manage part of Sweden’s public pension capital. At the time AP4 mainly invested in Swedish equities, but since the start of the new pension system in 2001, its investment assignment has broadened, and today AP4 invests in equities as well as in fixed income assets, both in Sweden and abroad. AP4 also invests in unlisted assets, such as property companies and infrastructure companies

Country

Sweden

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$48

Performance (%, 1YR)

9.6

Chief Executive

Niklas Ekvall

Chief Investment Officer

Jenny Askfelt Ruud (Head of Alternatives), Tobias Fransson (Head of Sustainability, Finance & Communication), Magdalena Högberg (Head of Allocation, Liquid Markets & Analysis)

Chair

Johan Gyllenhoff

Asset allocation

34% Global Equities

16% Swedish Equities

5% Defensive Equities

20% Global Fixed Income

9% Swedish Fixed Income

16% Real Assets

Website

View the annual report

Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Investor Profile

Why AP4 has decided to integrate Scope 3 emissions across equities

Swedish buffer fund AP4 has begun integrating Scope 3 into its systematic equity allocation, convinced a company's up and downstream emissions data signposts the green winners of the future.

Sarah RundellSeptember 12, 2024

Investor Profile

AP funds face consolidation as report flags scale and efficiency wins

A long-awaited review into Sweden's buffer funds suggests consolidation between the three Stockholm funds – AP1, AP3 and AP4 – stating that the advantages in terms of efficiency and scale outweigh the disadvantages of continued separation.

Sarah RundellJuly 9, 2024

Sustainability

Sweden’s AP funds model sustainable ownership

The CEOs of Sweden's AP funds comment on important milestones in the last year, including decisions to bring more management in-house, governance changes and increased sustainable investment.

Sarah RundellMay 9, 2024

Sustainability

Investors trying to change the world: Why climate investing is so difficult

Asset owners are preparing their portfolios for the climate transition, reducing holdings in companies with high emissions and pledging billions to climate investments. But climate proofing portfolios is proving one of the most arduous and complex challenges investors have ever faced. Top1000funds.com takes a close look at the progress.

Sarah RundellFebruary 26, 2024