AP2, together with AP1, won the price for best pension fund in Sweden on the IPE Awards 2011, 17 November in Brussels. Winners
The Second AP Fund today publishes its 2010/2011 Corporate Governance Report. The Fund's governance activities are presented together with a number of feature articles, covering topics such as sustainability in focus with investments in forest and agriculture, the development of the number of women on publicly quoted boards, corporate governance in Asia and as the Fund is celebrating its tenth anniversary – how governance was in the spotlight from start.
A group of institutional investors currently representing US$1.3 trillion
in assets have today launched the Principles for Responsible Investment in Farmland (the
"Farmland Principles") with the goal of improving the sustainability, transparency and
accountability of investments in farmland.
The Second AP Fund's return on invested capital contributed SEK 5 billion during the
first half of 2011 and increased the Fund's total capital assets to SEK 227.5 billion. The
Fund posted a total return, excluding costs, of 2.4 percent. Relative to benchmark index,
return was 0.1 percent, excluding alternative investments and costs.
Cityhold Property AB will be the name of the company for European property
investments jointly owned by the First and Second Swedish National Pension
Funds. Cityhold Property will be operated in cooperation with Catella, which will
assist the company with resources and expertise under a long-term management
agreement. Senior personnel have now been appointed in Sweden and on the key
markets in Europe.