All AP funds reject Skandia bid

clock •

SWEDEN - All three AP funds with holdings in insurance company Skandia have rejected Old Mutual's bid for the firm.

The SEK171.6bn AP1 today followed sister funds AP2 and AP4 in announcing that “after thorough consideration” it had decided not to accept Old Mutual’s offer. “The conclusion is that the stand-al...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Sweden

Sweden

AP1 delivers 1.4% in first half

SWEDEN - Första AP-fonden (AP1) returned SEK 3bn ($463bn) after expenses in the first half of 2011, representing a return of 1.4%.

Chris Panteli
clock 05 September 2011 •
Sweden

One-third of Nordic investors to increase hedge fund exposures

NORDICS - Nordic investors are continuing to show optimism in hedge funds with nearly a third planning to increase their exposure this year to strategies like global macro, event driven and long/short funds, a new report shows.

Raquel Pichardo-Allison
clock 15 August 2011 •
Sweden

AP4 hunts for global equity managers

SWEDEN - Swedish pension buffer fund AP4 is looking for up to three passive global equity managers.

Raquel Pichardo-Allison
clock 06 July 2011 •
Trustpilot