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.
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.
Despite decline, the British market topped £25 billion for the fourth straight year.
The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.
The funded ratio for the 100 largest public funds dropped to less than 73%, while corporate plans rose to 110%.