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Alecta follows peer AMF into battery unicorn Polarium with €87m
Swedish pensions giant’s equity chief predicts huge long-term demand for batteries as part of the renewables transition
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Alecta slashes one-off premiums by 7% as higher rates cheapen DB
Swedish pensions giant lowers premiums for PRI redemptions, saying pricing must be based on current market conditions
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People moves: Alecta appoints Grevelius acting head of equities in major shakeup by CEO
Alecta, Robeco, Nedgroup Investments, Amundi, VBL
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Alecta fires equities chief; hires acting CIO as Billing slashes foreign holdings
Sweden’s largest pensions institution makes rapid changes to shore up public confidence after US bank losses
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Alecta says it’s solid despite losing €1.3bn on US banks in days
Silicon Valley Bank, Signature Bank collapses erase 1% of Swedish pensions giant’s portfolio
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Alecta slashes DB pensions cost, boosts payments – on inflation, rates surge
Sweden’s largest occupational pension provider lifts DB pension payments by nearly 11% and cuts premiums by 40%
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Swedish pension funds warn companies against digital-only AGMs
Alecta, AMF, AP funds say will vote down proposals to axe obligation to hold physical shareholder meetings
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Alecta CEO tells new Swedish government green shift has boom potential
Magnus Billing make plea to any post-election government to work with long-term investors to make the green transition happen
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Alecta tempts former ATP CIO Gade Jepsen to fill top investment role
Sweden’s biggest pension fund clinches high-profile Danish CIO to replace Sterte
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Swedish FSA winds up Alecta equity probe, citing improved controls
Watchdog investigated pension provider’s internal controls and risk management between 2020 and 2022
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Skandia points finger at ‘questionable investments’ coverage for diving trust in Swedish pensions
‘The autumn’s media reporting on questionable pension investments’ referes to Alecta, says Skandia’s pension economist
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Alecta sees current volatility creating good credit opportunities
Swedish pension fund reports 24% return for 2021; thanks rising stock markets, strong property market and own work to find fixed income returns
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Alecta’s DC product returns 8.7% as equities rally, bonds priced higher
Swedish occupational pensions major sees asset total grow to SEK1.33trn by end September
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Alecta: A tale of simplicity
At a time when defined benefit funds are under pressure globally, one Swedish fund offers a model of simplicity
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Prosecutor probes 10 counts of corruption in Alecta/Heimstaden Bostad case
Swedish pensions giant says it has not yet been part of the prosecutor’s corruption investigation, or received information about it
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Alecta says ‘not unlikely’ markets will fall further in 2022, also hitting RE
Sweden’s largest pension fund suffers 12.7% H1 investment loss, but rising rates slash liabilities
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Sweden’s FSA reports individuals to police for corruption in Alecta/Heimstaden case
Alecta says own lawyers’ investigation into circumstances around the making off Heimstaden Bostad investment indicated violations of the law
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PGGM, Alecta sign €2.1bn credit risk sharing deal with German bank
The transaction on a portfolio of corporate loans shifts 20% of default risk to the two pension investors
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Alecta stung by red light sustainability ranking in Söderberg report
Alecta ESG chief says firm does not recognise report’s description of its strategy
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Swedish Pensions Agency faces possible FSA intervention
Watchdog escalates probe into failing Heimstaden Bostad investments to a sanction case; director general Barr has to step back from case