Asset Allocation
Equities, Fixed Income Fuel 9.1% Return for Korean Pension Fund in 1st Half of 2023
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.
Tag: banking crisis
Newsmakers
Alecta Fires CEO as Fallout Continues From $2 Billion Banking Losses
Magnus Billing lost the confidence of the pension fund’s board, and Katarina Thorslund has been named acting CEO.
Newsmakers
Sweden’s Largest Pension Loses More Than $1 Billion to U.S. Banking Crisis
Alecta says it held talks with Silicon Valley Bank in 2022 about liquidity concerns.