Slight drop in Skandia’s performance seems to be following Q3 trend

In his comments to Skandia’s interim report, the CEO of the Swedish pension firm appears to be making a subtle hint at competitor Alecta for its heavily geared real estate investments.
Frans Lindelöw is the CEO of Skandia. | Photo: Skandia / PR
Frans Lindelöw is the CEO of Skandia. | Photo: Skandia / PR

Skandia appears to have thread a somewhat similar path to its troubled competitor Alecta and several Nordic asset managers by following up on a fairly positive first half year with a slight drop in performance in the third quarter.

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