Swedish funds AP2 and AP3 disclose mixed ILS fortunes

31 March 2023

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Swedish fund AP2's ILS allocation rose in dollar terms by 62% to SEK3.8bn ($360.4mn) last year, while peer AP3's allocation dropped 48% to SEK2.2bn ($210mn).

The uplift in the AP2 number was helped by a disclosure of its holding in Fermat GAM FCM, which stood at SEK1.5bn

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Liz Bury

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