Alecta’s next CEO: Stock picking closer to home is less risky

A first priority for Peder Hasslev is to ensure that there is no repetition of the US investment debacle that cost Alecta close to SEK 20bn, the newly appointed chief executive tells Dagens Industri.

Peder Hasslev will take over as CEO of Alecta on September 1. | Photo: PR / Alecta

by KIM WIESENER

Stock picking will remain Alecta’s main strategy. However, it will be necessary to spread the risks, the Swedish pensions giant’s newly appointed CEO tells business media Dagens Industri in a comprehensive interview.

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Alecta’s next CEO: Stock picking closer to home is less risky

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New CEO aims to “restore confidence” in troubled Swedish pensions giant

Billing is history at Alecta as US investment failure leads to dismissal

New but experienced faces to take temporary charge of Alecta’s assets

Sign up for our newsletter

Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

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Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk

Storebrand growth fund gets new portfolio manager

Danish pension fund invests to support female entrepreneurship in Southeast Asia

Further reading

AP3’s head of equities to join the fund’s departing CIO at Alecta

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Alecta investigates own investment in troubled real estate giant

Swedish FSA to investigate Alecta’s Heimstaden investment

Jobs