New Alecta chair says pension fund exiting 'serious crisis of confidence'

Sweden’s biggest pension fund is making its way out of a “serious crisis of confidence” after struggling with investments that “probably shouldn’t have been made”, says its new chair.

By Rafaela Lindeberg and Love Liman / Bloomberg

Carina Akerstrom, the former chief executive officer of Svenska Handelsbanken AB, spoke at an extraordinary meeting of the fund’s supervisory board in Stockholm on Thursday, after being elected to the top job.

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New Alecta chair says pension fund exiting 'serious crisis of confidence'

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Front page now

Comment: Investors don’t need to invent policies on Gaza

The list of money managers axing oil stocks just got longer

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Eight Nordic managers move up in global top 500 ranking

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Nordic Alpha Partners reels in international investment giants for second fund