London based CoreRatings has been awarded the mandate to provide SRI research on AP3’s equity holdings as the public pension fund decides to introduce a socially responsible engagement overlay to its investment policies.
The Third Swedish National Pension Fund (AP3) has now completed the process of hiring an external manager for its U.S. corporate bond holdings. The contract was awarded to U.S.-based Prudential Investment Management.
AP3 plans to introduce an IT solution for performance measurement and attribution, possibly also a firm wide risk management solution, and invites interested suppliers to submit applications to tender.
The Third Swedish National Pension Fund (AP3) proposes that SKF’s Annual General Meeting decides to introduce a continuing and voluntarily possibility for A-shareholders to convert their shares to B-shares.
Due to the sharp downturn in the stock market during 2001, the Third Swedish National Pension Fund (Tredje AP-fonden, AP3) reported a negative asset management income amounting to SEK –5.8 billion.
The Third Swedish National Pension Fund (AP3) has been named Swedish market leader in investment strategy by the industry magazine Investment & Pensions Europe (IPE).
At the beginning of this year, the Third Swedish National Pension Fund (AP3) received an initial portfolio of SEK 134 billion. As of 30 June 2001, the value of the portfolio totalled SEK 131.5 billion, including a net inflow of pension contributions amounting to SEK 2.1 billion.