Head of equities forced to quit AP1 for rule violations

Another senior manager at Swedish pension buffer fund AP1 has been forced to leave due to alleged rule violations when investing his own money. In September the CEO of AP1 was fired. Now, head of equities Olof Jonasson has left under similar circumstances, according to Dagens Industri.
Photo: AP1/PR
Photo: AP1/PR

Just a few months ago, in September, CEO Johan Magnusson was fired after he allegedly violated pension fund AP1's internal regulations on holding and trading financial instruments. Now, Swedish business daily Dagens Industri reveals that another senior manager at AP1, one of the buffer funds in the state pension system, has been forced out due to alleged rule violations.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading