With SEK 656 billion (2019-12-31) in assets managed for approximately 4 million customers, AMF is one of Sweden's leading pension companies and one of the largest owners on Nasdaq OMX Nordic Stockholm.
AMF is a limited liability life insurance company that is owned equally by the Swedish Trade Union Confederation (LO) and the Confederation of Swedish Enterprise. The company is run according to mutual principles, entailing that AMF's profits accrue in their entirety to the customers.
AMF's focus is on occupational pensions for both individuals and companies. All products are offered either as traditional life insurance or as unit-linked insurance. In addition, the fully owned subsidiary AMF Fonder AB offers direct savings in mutual funds. AMF Fonder has approximately SEK 149 billion in AUM (2019-12-31) which is included in the number SEK 656 billion above.
AMF Fonder AB (mutual funds) and AMF Fastigheter AB (real estate) are subsidiaries with their own operations. The operations and work of these companies is regulated by their individual Articles of Association and internal policy documents. AMF Fonder AB is also regulated by Swedish mutual funds legislation. The subsidiaries manage operations that AMF has identified value-added in them being conducted independently, or as required by law. Those parts of operations where there are advantages of coordination or economies of scale with other parts of the group are managed jointly as far as possible. There are agreements between these companies that regulate the purchase and sale of services that comply with internal regulations.