Swedish funds AP2 and AP3 disclose mixed ILS fortunes
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Swedish funds AP2 and AP3 disclose mixed ILS fortunes

Blue double exposure of money coins stacking with bar graph for financial and investment business concept.

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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