- Save articleNews
Alecta beats benchmark in 2018 despite 3.5% loss
Group solvency falls; employer costs reduced at biggest Swedish pension fund
- Save article
NewsAlecta CEO calls on Swedish debt office to back green bonds
Magnus Billing says Sweden’s Riksgälden should get past its objections to green bonds and learn from French example
- Save articleNews
Alecta chief queries relevance of EU consumer protection lens to Swedish pensions
Billing argues that high risk-free capital requirements could lead to weak protection
- Save article
NewsAlecta’s investment scandal claims another scalp as chair Ingrid Bonde quits
Bonde says she decided to resign because of ‘too much focus on me personally’
- Save article
NewsSkandia CEO lashes out at Swedish system that allows Alecta’s dominance
Frans Lindelöw says too much pension capital is concentrated in troubled pensions giant, creating ‘a vulnerability and a social risk’
- Save article
Opinion PiecesBanking crisis delivers a lesson on equity strategy
We may never know the precise reasons why the in-house equity team of Alecta, the €105bn Swedish pension scheme, chose to invest in excess of €1bn in risky US banks including Silicon Valley Bank (SVB), much of which has now been written off.
- Save article
InterviewsSweden’s AP3 pension fund and its quest for alpha
Jonas Thulin, recently appointed CIO of Sweden’s Tredje AP-Fonden (AP3), talks to Carlo Svaluto Moreolo about his approach to asset allocation and portfolio management
- Save article
NewsAlecta’s new CEO Hasslev: ‘Most important thing is to restore confidence’
Former AMF CIO to replace fired Magnus Billing at helm of troubled Swedish pensions giant
- Save article
NewsAlecta attributes strong Q1 in part to dovish turn by central banks
Swedish fund says equities are up 13% and it is gradually increasing real asset investments
- Save article
NewsEx-Alecta CEO eyes move into sustainable finance
Magnus Billing tells IPE he’s keen to spend his time in green investment, but doesn’t think mainstream capital has all the answers
- Save article
NewsAlecta’s assets shrink in Q3 amid higher-for-longer rates view
Sweden’s biggest pension fund sees first-half investment gains eroded in latest reporting period
- Save article
NewsDutch doctors fund switches to concentrated equity portfolio
The €10bn fund will only keep about 70 companies in a new buy-and-hold approach
- Save article

- Save article
Opinion PiecesDo not blame institutions for taking risks
Alecta, the SEK1.19trn (€105bn) institution that manages the Swedish ITP private-sector pension scheme, is being probed by Swedish regulators for the €1.9bn capital loss it experienced earlier this year, as the three US regional banks it invested in – Silicon Valley Bank, Signature Bank and First Republic Bank – collapsed. The institution reacted by firing its influential CEO Magnus Billing.
- Save articleNews
Alecta anchors first close of emerging markets impact fund
Fund allows investors to invest alongside Dutch development bank in three key areas
- Save article
NewsPeople moves: Norges Bank governor to resign; New risk manager role at Kyrkans
Norges Bank, NBIM, Kyrkans, KENFO, ABP, EIOPA, Alecta, Saracen, BaFin, ATP, Neuberger Berman
- Save articleNews
Alecta hires Skandia's Sterte for investment chief role
Hans Sterte to replace Per Frennberg following his abrupt departure earlier this year
- Save article
Asset Class ReportsEquities: a return to passive safe havens
In an effort to counterbalance an uncertain economic outlook and geopolitical tensions, many institutional investors are avoiding active management
- Save article
InterviewsECP Asset Management: An Australian approach to concentrated equity portfolios
The 2020s will likely be remembered as a period of high stock market concentration, similar to the decade of ‘nifty fifty’ stocks, which propelled the US market in the years before the 1973 crash.
- Save article
Special ReportSweden: FTN’s large mandate overshadows Alecta’s position
Government authority sets out first tender in its bid to ensure pension funds access to quality funds to provide safer and higher pensions



