Market and currency conditions provide Q1 boost to embattled pension giant

Alecta has released its Q1 figures two days before a supervisory board meeting that is expected to add more asset management skills to the pension fund’s board of directors.
Alecta CEO Peder Hasslev is not commenting on the pension fund's Q1 figures. | Photo: Evelina Carborn / Alecta / PR
Alecta CEO Peder Hasslev is not commenting on the pension fund's Q1 figures. | Photo: Evelina Carborn / Alecta / PR

The beleaguered Swedish pension giant, Alecta, appears to have benefited from favorable market conditions and a weak Swedish currency during the first quarter of this year, delivering positive returns and seeing healthy AUM growth.

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