The Government appointed a new member of the Board of Directors
The Government today appointed finance director Sonat Burman-Olsson as a new member of the Board of Directors at AP3.
Please contact us at info@ap3.se if you have any questions.

The Government today appointed finance director Sonat Burman-Olsson as a new member of the Board of Directors at AP3.
The Ethical Council of Sweden’s First-Fourth AP Funds has today presented its first annual report.
Net profit totalled SEK 10.7 billion, corresponding to a 5.0% return after expenses. Return before expenses was 5.1%.
AP3 has together with a group of signatories to the UN Principles for Responsible Investment (PRI) written to the chief executive officers of 103 companies in more than 30 different countries to recognise front-runners in the integration of environmental, social and governance (ESG) issues, while pressing laggards to improve performance.
AP3 won two IPE Awards at this year’s European Pension Fund Awards in Vienna, Austria on Thursday November 16.
The Third Swedish National Pension Fund (AP3) has after extensive evaluation approved and signed Framework Agreements with 13 new external managers within the area of Enhanced Indexing, global and/or regional mandates.
The AP3 portfolio performed favourably during the first half of the year amid continued equity market gains and rising interest rates.
AP3’s annual governance report, which covers the 12-month period ended 30 June 2007, includes areas and issues that we have focused our governance activities on prior to each AGM season.
The Third Swedish National Pension Fund (AP3) has after extensive evaluation approved twelve (12) new external managers within the area of Global Tactical Asset Allocation (GTAA).
In 2006 AP3 carried out a review of its portfolio structure based on the ambition of making decisions on market exposure (beta) independent from active positions (alpha).
AP3’s fund capital rose SEK 20.2 billion to SEK 212.2 billion in the year ended 31 December 2006 and net profit totalled SEK 18.6 billion, equal to a return of 9.5% after expenses.
Through the formation of an Ethical Council, Sweden’s national pension buffer funds, AP1, AP2, AP3 and AP4, have coordinated their SRI analysis of environmental and ethical compliance in the foreign companies where the funds have holdings.
Aberdeen Property Investors Indirect Investment Management has been appointed to build a European real estate equity fund portfolio on behalf of AP3.
AP3 is enhancing its asset management operations by introducing fundamental indexing as a new form of management.
Read AP3’s report from the AGM Seson 2006
The global corporate governance policy supplements AP3’s corporate governance policy and applies to all non-Swedish corporations in which AP3 has direct ownership interest.
AP3’s fund capital rose by SEK 4.1 billion in the first half and totalled SEK 196.1 billion at 30 June 2006. Net profit was SEK 3.4 billion, representing a return of 1.7% after expenses.
AP3 has written a letter to Yahoo! Inc, in which the fund is a shareholder, on the occurrence that the company has been associated with human rights violation in China.
Tredje AP-fonden (AP3), Första AP-fonden (AP1), Andra AP-fonden (AP2) and Fjärde AP-fonden (AP4) carry out a procurement through a partially coordinated procedure regarding ethical and environmental analysis including advice comprising.
The procurement for a risk analysis system was finalized at 9 May 2006.
The AP3 portfolio generated a total return of 17.9% before expenses and 17.7% after expenses.
On 23 February AP3 will announce the annual report for 2005.
The Fund is initiating a procurement of new solutions for its risk analysis (ex ante), and possibly for style analysis for equities.
AP3 has further diversified its portfolio by investing £20 million in the Henderson PFI Secondary Fund, which invests in infrastructure assets such as hospitals, schools and railways.
AP3 reported a net profit of SEK 13.8 billion in the first six months of 2005, the Fund’s best half-year performance since its inception in 2001.