SWEDEN/DENMARK - Investment in equities produced good returns for Sweden's first and third AP funds, in addition to PKA, the Danish pension fund manager, according to their half year reports.
AP3 yielded a 6.9% return over the first six months of 2007 making SEK14.5bn ($2.1bn) and taking the fund's value to SEK 227.7bn (US$32.9bn). In the AP3 report, Kerstin Hessius, the organisation's...
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