Alecta Chair Cites Lack Of Confidence

Posted on 02/22/2024

Swedish pension giant Alecta manages the accounts of 2.8 million private individuals and 35,000 companies in Sweden. Alecta is organized as a mutual insurance company, with a mandate to return surplus profits to clients. Fees charged for services are 0.09%. It is the fifth largest pension in Europe with assets of SEK 1,155 billion under…

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