Swedish pension provider AMF has highlighted the importance of long-term active ownership in creating value for savers, as geopolitical uncertainty, a greater focus on Europe's competitiveness, and significant changes in global capital markets shaped the 2025/26 ownership year.

In its latest ownership report, AMF said developments such as Verisure's planned stock market listing and the financing solution for Stegra had also highlighted the importance of long-term, active owners.

AMF chief investment officer Katarina Romberg said: "Much of the 2025–2026 ownership year was marked by continued uncertainty and turbulence around the world.

"In response, efforts intensified to strengthen the European capital market as a way of improving competitiveness and creating a more independent EU. Sweden is regarded as a leader in this area, not least because of how successfully pension capital has been put to work here."

The report set out the principles behind AMF's ownership activities during the year, the issues it prioritised and how it used its influence to contribute to long-term value creation in the companies in which it invests.

AMF said it participated in 34 nomination committees during the 2025/26 ownership season, reflecting its position as one of the Stockholm Stock Exchange's largest active shareholders.

It also invests in a number of unlisted companies, with its own representatives serving on the boards of some of these firms.

Romberg said: "AMF is one of the Stockholm Stock Exchange's largest active owners, and we participated in 34 nomination committees during the 2025/2026 ownership season.

"We are also invested in a number of unlisted companies, and in some of these we have our own representatives on the boards. We believe that contributing to the development of companies as an active owner delivers results, and that is reflected in the returns generated for our savers."

AMF manages approximately SEK 850bn on behalf of 4.5 million savers.

A large proportion of its assets are invested in Swedish companies, where it works through nomination committees, company engagement and voting at annual general meetings to strengthen companies' long-term competitiveness and value creation.

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