Pablo Bernengo, Alecta’s head of asset management since December 2023, has been named the firm’s new chief executive officer.

Alecta, Stockholm, made changes to its investment guidelines and appointed two new executives as a result of losses caused by its exposure to Silicon Valley Bank and two other collapsed U.S. banks.

OSLO/STOCKHOLM, April 11 (Reuters) - Swedish pension fund Alecta on Tuesday fired its CEO Magnus Billing with immediate effect following the recent announcement of large losses from investments in ...

Swedish pension fund Alecta cuts US Treasury holdings, citing policy uncertainty Swedish pension fund Alecta has sold most of its holdings in U.S. Treasuries over the last year because of the ...

Many believe that to achieve a truly sustainable pension system and a stable European economy, institutional capital must be more actively managed One of the most important insights of recent years is ...

In the wake of losses driven by the American banking crisis, Swedish pension fund Alecta’s CEO is stepping down. The fund is also launching a strategic review of its equities portfolio. Magnus Billing ...

Alecta, Sweden’s largest pension fund, pushed back the publication of its full-year results as it awaits the most up-to-date valuation on indebted residential landlord Heimstaden Bostad AB, its ...

Alecta Pensionsforsakring, Stockholm, recorded a 7.7% return for its defined benefit portfolio and 12.4% for its defined contribution portfolio for the first half of 2021, driven by the performance of ...

Brookfield and Alecta have acquired 49 percent of Telia Company’s tower business in Sweden, following a similar 49 percent purchase of the firm's tower business in Finland and Norway. The $560m cash ...

STOCKHOLM (Reuters) - Alecta's chairperson Carina Akerstrom has resigned only a week after she started in the position, the Swedish pension fund said on Sunday, adding it had reinstated its former ...

The chief executive officer of Sweden’s biggest pension fund, Alecta, admitted its $2.1 billion bet on three niche US banks tied to Silicon Valley Bank’s collapse was “a big failure”. “Obviously it’s ...