Alecta makes changes following failed investments in US regional banks
The Swedish pensions company Alecta has appointed a new acting head of equities and an acting chief investment officer. It is also changing its strategy of having concentrated, and very large, holdings in individual companies.
Niklas Tell 2023-04-05
Alecta, one of the biggest occupational pension companies in Europe with total assets of SEK 1 120 billion (close to EUR 100 billion), has lost about SEK 20 billion from investments in the failed US regional banks Silicon Valley Bank, Signature Bank and First
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