AMF and Swedish peers lose billions of SEK on "lousy deals", magazine reports

A number of Swedish pension funds have made unsuccessful investments in recent years – including AMF. The company hopes, however, that these investments may still come good.

AMF's equity chief, Anders Oscarsson, is still hopeful about the pension fund's investment in Volvo Cars. | Photo: AMF / PR

by KIM WIESENER

Pension giant AMF has lost billions of Swedish kronor on several unsuccessful investments, joining industry peers Alecta and Folksam on an ever longer list of Swedish pension funds that have done “exceptionally bad business” in recent years, news magazine Fokus reports.

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AMF and Swedish peers lose billions of SEK on "lousy deals", magazine reports

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

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

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