Equities boost Alecta's return

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SWEDEN - Occupational pensions company Alecta produced a 4.9% return on investments for the first half of 2004, the result largely attributable to a 9.3% return on equities.

The market value of Alecta’s investments as at June 30 2004 was SEK 327.5bn (e35.9bn), up from SEK 296.3bn (e32.5bn) one year ago. Commenting on the result, Alecta president Tomas Nicolin (pictu...

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