
Swedish Pension Fund AP7 Sues Microsoft, Activision Over Takeover Deal
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
The agency aims to ensure that funds available for pension savers provide high quality at a low cost.
Hansén will take over the $49.5 billion fund for retiring CEO Kerstin Hessius by no later than December 1.
Despite strong returns, $38.8 billion fund underperformed benchmark.
Katarina Staaf to head the private equity-centric pension fund in September.
AP2’s decision sees it keeping up with new laws, sister funds AP1 and AP4.
Thanks to unlisted assets, AP6 fund beats the market and peers, but not its record from last year.