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

Months of personnel uncertainty at Alecta may soon be resolved as the troubled pension giant has hired two new major investment figures from the AP3 buffer fund.

Magnus Tell will become Alecta's new head of equities no later than November 28th. | Photo: Peter Phillips / AP3 / PR

by KIM WIESENER

Sweden’s biggest commercial pension firm, Alecta, has succeeded in poaching another top investment figure from AP3, the country’s largest buffer fund in terms of AUM.

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