Spotlight on Investors: AP2
30-Mar-2020 12:33:50 PM
AP2 is one of five funds that act as a buffer in Sweden's national pension system. The Pension System was created in 1960, but it was not until 2001 that the current AP fund structure was established, allowing the AP funds to diversify their strategies. One of the key investment rules, set out by the Ministry of Finance, is to consider environmental and ethical matters without compromising the objective of attaining high returns. As of December 31 2019, AP2 had SEK 381.3 billion of assets under management (US$ 40 billion).
AP2's sustainability strategy seeks to integrate sustainability in all investment processes, actively seek investments that contribute to sustainable development, use dialogue as a tool, and seek to be a leader within sustainability. The fund's key focus areas are Climate, Corporate Governance, Diversity, and Human Rights. AP2 is invested in almost all asset classes. Particularly, AP2 allocates 3% of its assets to a Green Bond dedicated portfolio which is aligned to the UN Sustainable Development Goals.