Financial security for Swedish pensioners

The Fourth Swedish National Pension Fund (AP4) is a government agency, which manages a part of the buffer capital set aside to offset temporary fluctuations in pension system contributions and disbursements.

 

The mission is to generate optimum returns through long-term risk-weighted management of investments, and the vision is “Financial security for Swedish pensioners”. AP4 can invest in most types of assets, but the portfolio mainly constitutes of equities, fixed income assets and real estate. Currently, AP4 has just under SEK 200 billion ($30 billion USD) in assets.

 

Mats Andersson is the CEO.

 

How do you cope with the changes in the market and in the world economy?
We are like a supertanker. We cannot sell one day and buy the next, instead we are very robust over time and create value that way. We are of course constantly working in improving our processes to increase our margins.

 

What is the present situation for AP4?
“We have during the last two years implemented a change process with the help of Lots®. We are very satisfied with this project. This has resulted in our producing the best returns of all Swedish National Pension Funds for the first half of 2009. We are right now working with our business plan for 2010 – 2012.

 

What has the cooperation with Scandinavian Leadership meant for you?
Lots® has meant a lot for the AP4 in the transformation phase we have been in. The systematic discipline in Lots® forces us in and through the necessary changes. Lots® has a good way of putting focus on all parts of the organization. In this work we have had great help from Carl Filip Bergendal and Niclas Kristiansson from Scandinavian Leadership.

 

How does the future look for you?
The challenge that lies ahead of us is to keep this good momentum we have reached and continue to develop our organization.