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Article: Andra AP-fonden: Continuing high share of equities fuels solid recovery.
- Article from:
- Business Wire
- Article date:
- November 10, 2009
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STOCKHOLM, Sweden -- The first half of the year saw some major market fluctuations, even if the situation on the world's equities, fixed-income and foreign exchange markets was somewhat calmer, compared to autumn 2008. This positive result may be largely attributed to the continuing high share of equities in the Second AP Fund's portfolio, especially in terms of the Swedish market.
* The Fund posted a return of 6.4 percent on its total portfolio, excluding costs. Return after commission costs and operating expenses amounted to 6.3 percent.
* The Fund's capital assets amounted to SEK 182.5 billion as per June 30th 2009, the net profit for the period being ...