SWEDEN - The SEK196bn (€21.1bn) AP3 has introduced fundamental indexing in a bid to enhance its asset management operations, with an initial SEK2bn (€215m) portfolio to be managed internally using the FTSE Global Wealth Allocation (GWA) Europe Index.
AP3 said it was the first European pension fund to adopt the GWA index, which covers European large cap and mid cap companies, including the UK. Kerim Kaskal, head of asset management, claimed ...
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