AP4 to make changes

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SWEDEN - The fourth AP fund, AP4, has stepped up its 'change initiative' following disappointing annual returns of 2.4% in 2007.

The fund reported all returns made in the first six months of 2007 had been wiped out in the second half of the year raising the overall value by SEK6.8bn (US$1bn) to SEK207.3bn. The fund had re...

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