SWEDEN - Sweden's third national pension fund, AP3, posted a SEK5.8bn drop in assets, days after AP2 also announced its second successive slump in 2001.
AP3 cited the sharp downturn in the stock market during 2001 for the drop, which amounted to a –4.2% net return. At the end of December, the value of the fund’s portfolio amounted to SEK132.8b...
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