AP1 delivers 1.4% in first half

SWEDEN - Första AP-fonden (AP1) returned SEK 3bn ($463bn) after expenses in the first half of 2011, representing a return of 1.4%.

The fund had net assets under management of SEK 221.6bn as of 30 June 2011, with exposure to equities at 53.6%, exposure to fixed income investments at 38.2% and exposure to alternative investments at...

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