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Alecta writes off €1bn of its Heimstaden Bostad investment
CEO of troubled Swedish pensions giant says ‘fully aware it will take time and hard work to regain customers’ trust’
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Alecta installs Carina Åkerström as new permanent chair
Swedish occupational pensions heavyweight votes former Handelsbanken CEO in, following failed attempt to bring Lars Rohde in as board chair
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Alecta loses new chair, but denies conflict of interest was problem
Carina Åkerström quit after newspaper reports on potential conflict of interest with Handelsbanken
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Alecta picks ‘high-calibre’ Lars Rohde as new chair to restore trust
Former Danish central bank and ATP chief says main task will be to contribute to Swedish pension giant’s recovery
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Alecta turns back on Lars Rohde; picks Carina Åkerström as chair instead
Swedish pensions giant criticises former Danish central bank governor’s lack of disclosure after wooing him as ‘high-calibre’
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Sweden’s Alecta seems immune from criticism but beware the watchdog
Right now, Alecta cuts a strange figure – one of Europe’s biggest pensions institutions wounded after gaping investment losses, and sustaining still worse injuries from the monopolistic hubris it leaves in its wake.
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Alecta should never had made Heimstaden Bostad investment, says CEO
Swedish occupational pension fund in talks with Norwegian billionaire Ivar Tollefsen and Heimstaden to renegotiate terms of investment
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Watchdog probes Alecta, Heimstaden ‘to protect pension savers’ money’
FI now conducting two separate investigations into Swedish pensions major’s investment
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With €620m losses, Alecta wins race to lead First Republic Bank class action
Amid woes, Swedish occupational pensions giant hails its active role in process to recover lost money
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Alecta delivers stable returns despite rough spring
‘The loss of SEK20bn is an enormous amount and we fully understand that customers and owners have been worried,’ says acting CEO
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Nordic region: Alecta faces an uphill battle
The regulator is investigating the pension fund, and it is clear the scheme will have to make some effort to restore its reputation after huge losses on US bank investments
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Alecta poaches from AP3 again: hires Magnus Tell to head up equities
Incoming CIO Bernengo gives hiring of close colleague the nod
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Alecta poaches 'talented leader' AP3’s CIO Pablo Bernengo
Swedish occupational pensions major finds permanent replacement for Henrik Gade Jepsen at buffer fund
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Alecta to diversify equities, cut non-Nordic exposure and add indexing
Swedish pensions heavyweight announces first steps in crisis-driven strategy overhaul
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Billing granted discharge at Alecta AGM -- on auditors’ advice
No flood of pension savers at open meeting, but press conference goes out live on Swedish national TV
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Alecta crisis is a test for Collectum’s processes, says Langensjö
Swedish FSA in continuing talks with troubled pensions giant; Collectum says must be told about any shift in Alecta’s investment philosophy
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Alecta kicks off hunt for new CIO, says Gade Jepsen is leaving
Henrik Gade Jepsen now leaving after long-term sickness, troubled Swedish pensions giant announces
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Alecta fires Magnus Billing, but says investments were within mandate
Losses on US niche banks have “seriously damaged confidence in Alecta’s asset management”, says Swedish pension giant’s board
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Alecta declares ‘full respect’ for FSA launching risk management probe
Collectum says will await outcome of watchdog’s investigation before taking any action on ITP contract
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AMF lags Alecta in Q1 returns, but lauds ‘well-diversified’ portfolio
Swedish blue-collar pensions firm made 2.9% January-March return in January