The Sixth Swedish National Pension Fund (AP6) is incorporated with the Second Swedish National Pension Fund (AP2), which after the merger is given increased opportunities to invest in unlisted assets to provide room to utilize the skills obtained by AP6. The Pension group has taken into account to two very important aspects that AP6 put forward in its consultation response.
The government announced today in a press release that the Pensions group, which includes all parties in the Riksdag, supported a proposal to modernize the AP funds.
AP6 is incorporated into AP2, which remains in Gothenburg. (Both funds are currently domiciled in Gothenburg.)
In order to provide room to utilize skills developed by AP6, AP2 will – after AP6 is incorporated – have expanded opportunities to invest in unlisted assets up to and including 2036.
“Two very important arguments that were put forward in our consultation response have been taken into account by the Pension group. As the proposal previously looked, there was a risk that the share of unlisted shares in the buffer fund system would decrease, as well as that the expertise acquired by AP6 was not fully utilized. The pension group has supported a proposal in which they want to give room to utilize accumulated expertise by AP6 and where the merged fund is given expanded opportunities to invest in unlisted assets up to and including 2036,” says Katarina Staaf, CEO of the Sixth Swedish National Pension Fund (AP6) .
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