Swedish FSA to investigate Alecta for US investment failure

Sweden’s biggest commercial pension firm is now under investigation because of its failed investments in three US banks. It’s about “protecting the pension savers’ money”, the Swedish FSA says.
The Swedish FSA has decided to investigate Alecta because of the company's failed US investments. | Photo: Finansinspektionen
The Swedish FSA has decided to investigate Alecta because of the company's failed US investments. | Photo: Finansinspektionen

Sweden’s financial supervisory authority, Finansinspektionen, has decided to investigate Alecta in the wake of the pension giant’s failed investments in three US niche banks. 

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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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