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.
BY FRANCES SCHWARTZKOPFF, BLOOMBERG NEWS

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.

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