AP1

SWEDEN/ISRAEL - Four of the buffer funds in the Swedish pay-as-you-go pension system have cut their ties with an Israeli defense company on ethical grounds.

GLOBAL - A group of 14 global pension schemes and institutional investors have launched a study to look at the potential impact of climate change scenarios on strategic asset allocation.

A group of 17 global pension schemes, institutional investors and other organisations have launched a study to look at the potential impact of climate change scenarios on strategic asset allocation.

SWEDEN - AP funds 1-4 all broke records in 2009 with their strong returns on investments.

SWEDEN - Swedish buffer fund AP1 has hired 12 small-cap equity managers, confirmed Peder Tiricke, senior portfolio manager in charge of external managers.

SWEDEN - A new report to the Ministry of Finance on the efficiency of the Swedish AP funds suggests merging the four largest funds into a giant SEK745bn (US$105bn) pot and eliminating AP6, the smallest scheme.

SWEDEN - Swedish pension fund AP3 reported returns of 5.3% before expenses in the six months ended June 30.

SWEDEN - Swedish pension fund AP2 returned 6.4% in the first half of the year as its heavy weighting in equities lifted returns, while AP4 reported returns of 7.9% in the same time period.

Raquel Pichardo-Allison talks to Johan Magnusson, managing director of AP1, about how the scheme is adapting to the changing economic climate

It's been nearly a decade since the Swedish pension system was established and the economic crisis is giving it its first test.