AP3 Announces New CIO as Talent Scramble Heats Up | Chief Investment Officer
Swedish pension funds Alecta and AP3 have made several strategic hires following Alecta’s losses in the spring’s U.S. regional bank failures.
Source: ai-cio.com
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Alecta Board Chair Ingrid Bonde Resigns | Chief Investment Officer
The Swedish pension fund fired its CEO and replaced its head of equities earlier this year after losing $2 billion from the collapse of Silicon Valley Bank.
Source: ai-cio.com
Alecta appoints CIO
Pablo Bernengo was named new CIO of Swedish pension fund Alecta effective Jan. 7.
Source: pionline.com
Sweden's AP Funds emphasise the long-term as returns take a hit
This time last year, Sweden’s four buffer funds reported the best returns in their history. Fast forward 12 months, and the four funds have posted losses thanks to allocations to equities and fixed income dragging their portfolios down.
Source: top1000funds.com