mast image

Impact Investing

IPE special report May 2018

Sections

Sweden: PPM savers get 30% average return

SWEDEN – Five and a half million Premium Pension Authority (PPM) savers enjoyed an average return of 30% in 2005.

“This was because members chose to invest 90% in equities, and 30% in Swedish equities,” said the PPM chief economist Daniel Barr.

“Swedish equities did particularly well in 2005.”

Barr told IPE that the PPM did not expect this trend to continue into 2006. “I don’t think one can expect to get 30% in every year. It will probably return to something more normal.”

The SEK215bn (€23bn) PPM premium pension system funds have recovered significantly from their collapse in the 2000 stock market fall.

According to Barr, 450,000 savers have joined PPM since markets began to recover in 2003.

Among the big PPM funds, AMF Pension’s Swedish equities fund rose 33%, Didner & Gerge’s unit trust went up 37% and Premiesparfonden climbed 21%.

However, the Robur Contura fund, and Robur Medica came in at -20% and -2% respectively.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

  • RE-2439

    Closing date: 2018-05-31.

Begin Your Search Here