A EUR 60 billion fund in Sweden says age of conglomerates is fading

The Chief Executive of Sweden's Skandia explans why the insurer and pension manager is exiting operations in Norway and Denmark.

One of Sweden’s biggest insurers and pension managers says being a conglomerate with foreign operations is becoming a tougher strategy to pursue for much of the finance industry.

Frans Lindelow is the chief executive office of Skandia, which manages USD 70 billion (EUR 60.2 billion) in assets for its customers (who are also its owners).

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Oil services investments and inflows help BankInvest in Q1

Net inflows have exceeded expectations at BankInvest in Q1. The EUR 20bn manager has been criticized for some of the investments in its sustainable flagship product, but CEO Lars Bo Bertram is proud that the EUR 12bn fund has managed to beat its benchmark despite massive gains for oil and gas.

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch