Doomsday real-estate bets rejected by Swedish pension fund

The woman running one of Sweden’s biggest pension funds says the Covid-19 crisis has done less damage to property markets than some feared.
Kristin Magnusson Bernard, the chief executive of Sweden’s EUR 33.75 billion AP1 fund, is "heavily exposed" to prime real estate in city centers. | Photo: AP1/PR
Kristin Magnusson Bernard, the chief executive of Sweden’s EUR 33.75 billion AP1 fund, is "heavily exposed" to prime real estate in city centers. | Photo: AP1/PR
By Rafaela Lindeberg / BLOOMBERG

That’s why Kristin Magnusson Bernard, the chief executive of Sweden’s EUR 33.75bn AP1 fund, is "heavily exposed" to prime real estate in city centers.

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