AP1

As the LGPS funds embark on the challenging process of pooling, there is much to be learned from the experience of their peers across the globe, writes Stephanie Baxter.

Investors responding to the EC's green paper on corporate governance agree institutions are responsible for improving corporate governance in Europe. But in the first of a three-part series, Emma Cusworth finds they take exception to the EC's view investors...

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

SWEDEN - Sweden's €100bn ($143bn) state pensions funds are facing a wide-ranging government review which could result in mergers.

SWEDEN Pension fund provider Första AP-fonden (AP1) has appointed J.P. Morgan Worldwide Securities Services as sole provider of global custody services.

NETHERLANDS - PGGM increased its environmental, social and governance (ESG) allocation by €1.1bn ($1.6bn) to €3.7bn in 2010, its Annual Responsible Investment Report shows.

SWEDEN - Första AP-fonden (AP1) posted a net income of SEK20.5bn ($3.2bn) after expenses in 2010, returning 10.2% for the year.

SWEDEN - Swedish AP funds one through four have hired a group of advisers to provide analysis on environmental, social and governance (ESG) issues.

SWEDEN/UK - Swedish pension fund Forsta AP-fonden (AP1) filed a lawsuit yesterday against BNY Mellon with the Commercial Court in London over $35.5m of losses.

SWEDEN - A cross-party task force looking into pension reform in Sweden has decided to rule out merging the country's four largest pension buffer funds into one super SEK800bn (US$102.45bn) pot.