Boom year on the stock market contributed to Alecta's strong returns this year - but focus on illiquid assets remains
Traditional assets like equities are priced to perfection, leading Sweden’s biggest pension fund to search for pockets of value in alternatives. But a strong year in the markets still led to strong returns year-to-date, Deputy CEO and CIO Hans Sterte tells AMWatch.
by MIRZA GAZIC
Like the big Nordic banks and asset managers, Swedish pension fund Alecta this week published its latest figures after the third quarter of the year. The difference is that Alecta's report highlights the year-to-date performance, which was strong for both of its pension portfolios.
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