Sweden’s $400 Billion Pension Shakeup Threatens Smaller Funds

4 hours ago · Sweden’s smaller asset managers face a Darwinian struggle for survival as major reforms slash the number of funds that savers can choose after a fraud scandal rocked the …

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Sweden’s $400 Billion Pension Shakeup Threatens Smaller Funds

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4 hours ago · Sweden’s smaller asset managers face a Darwinian struggle for survival as major reforms slash the number of funds that savers can choose after a fraud scandal rocked the …

bloomberg.com

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New Pension Schemes Bill: What You Need To Know About The …

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4 days ago · The Government said analysis indicates that pension funds start to return greater productive investment levels once the size of assets they manage reaches between £25 to …

independent.co.uk

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The Chairwoman Of Sweden’s Biggest Pension Fund—which Has A …

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Mar 4, 2024 · The fund posted a SEKr 16 billion loss ($1.9 billion) last year thanks to its stake in embattled U.S. banks SVB, First Republic, and Signature, all of which became virtually …

yahoo.com

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One Of Sweden’s Largest Pension Funds Removes CEO Over Losses …

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Apr 11, 2023 · Sweden’s Alecta, one of the country’s largest pension funds, said Tuesday it was replacing its CEO, after the fund lost almost 20 billion kronor ($1.9 billion) from investments in …

alarabiya.net

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Reeves In Radical Pension Shake-up To Boost Growth - BBC

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5 days ago · The government plans to merge the 86 council pension funds - which include £354bn in investments and are run by local government officials - into "megafunds" run by …

bbc.co.uk

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BlackRock Could Be Biggest Loser In Swedish Pension Cuts

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Mar 23, 2014 · BlackRock. appears to be the biggest potential loser from any radical shake-up of the SKr1tn ($155.7bn) Swedish pension fund industry. Sweden’s coalition government and the Social Democrats, the ...

ft.com

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Swedish Pension Fund Chair Faces Dilemma After $2bn US Bank …

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Apr 16, 2023 · Alecta, consistently ranked Sweden’s best-performing pension fund, has pursued a strategy of concentrating its equity portfolio on a few, large investments — about 100 at the last count.

ft.com

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Sweden’s Top Pension Fund Faces Probe After $2 Billion Loss (1)

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May 4, 2023 · Alecta ’s risk management systems will be scrutinized by the Swedish Financial Supervisory Authority in the wake of the fund’s failed US bank bets that led to losses of nearly …

bloomberglaw.com

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Sweden’s Top Pension Fund Fires Chief Magnus Billing After US …

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Apr 11, 2023 · Sweden’s biggest pension fund has fired its chief executive after a bet on failed US lenders Silicon Valley Bank and Signature Bank left it with losses of almost $2bn. Alecta, …

ft.com

FAQs about Sweden’s $400 Billion Pension Shakeup Threatens Smaller Funds Coupon?

Why is Sweden's biggest pension fund putting its equities chief on leave?

Old and new commercial and residential buildings stand on the city skyline in Stockholm, Sweden. Photo by Mikael Sjoberg/Bloomberg Sweden’s biggest pension fund Alecta has put its equities chief on leave and announced a plan to reduce risk exposure after reporting US$2 billion in investment losses tied to last month’s U.S. banking crisis. ...

What is the new pension'shake-up'?

What is the new pension ‘shake-up’? Everything you need to know Chancellor Rachel Reeves has announced a huge pension ‘shake-up’ in her first Mansion House speech that will unlock billions of pounds for investment in business and public services. ...

How much is a pension in Sweden worth in 2020?

The value of pension savers’ and pensioners’ premium pension assets on December 31, 2020 amounted to SEK 1,583 billion, while the value in temporary management was SEK 42 billion. The increase in value for fund insurance was 6.4 percent in 2020. The national income-based pension system in Sweden consists of inkomstpension and premium pension. ...

Who is a Swedish pension fund?

With assistance from Charles Daly. One of the most surprising victims of the recent U.S. banking crisis is a Swedish pension fund responsible for managing the retirement funds for a quarter of the country’s population. ...

When do pension megafunds start to return more investment?

The Government said analysis indicates that pension funds start to return greater productive investment levels once the size of assets they manage reaches between £25 to £50 billion. The schemes will mirror similar set-ups in Australia and Canada. What has been the experience of pension megafunds overseas? ...

Did Alecta comply with FSA's skr50bn investment in Heimstaden?

Sweden’s FSA is looking into Alecta’s risk management and whether the fund complied with rules when it made a SKr50bn ($4.6bn) investment in Heimstaden. Alecta has said it will co-operate with the investigation by regulators. The fund is one of Heimstaden’s biggest investors with a 38 per cent stake. ...