130 investors - including AP4 - has signed a letter demanding that the leaders of the so-called G20 countries ratify the climate agreement that was reached in Paris last December. The signatories to this letter are investors with more than USD 13 trillion in combined assets under management.
With a profit of SEK 5.7 billion, the Fourth Swedish National Pension Fund (AP4) increases fund capital to a record level of SEK 312 billion after net outflows of three billion kronor to the pension system. The total return for the first half of 2016 amounted to 1.9 after expenses.
The Board of the Fourth Swedish National Pension Fund (AP4) has appointed Niklas Ekvall as the new CEO of AP4.
In order to reduce its exposure to climate risk, AP4 has allocated 21.8 % (US$3.2 billion of US$14.7 billion as per 1 June 2016) of its global equity portfolio to low carbon strategies and AP4 is now prepared to proceed with its long-term target to decarbonize its entire global equity portfolio by 2020.
The Swedish Government appointed Sara McPhee as Chairwoman of the Board of AP4.
Mats Andersson has today informed the Board that he has decided to leave his position as CEO of AP4 after nearly ten years.
With a positive profit of SEK 20 billion the Fourth Swedish National Pension Fund (AP4) increased fund capital to SEK 310 billion in 2015. Total return amounted to 6.8 percent after expenses. Active management outperformed the Index for the seventh consecutive year.