SWEDEN - Tredje AP-fonden, the SEK 152bn third Swedish national pension fund (AP3), has lost its head of equities management.
Magnus Eriksson (pictured) will be leaving AP3 to take on the role of investment manager at MGA Holdings AB, the fund said in a statement.
Eriksson has been with the fund since 1999.
AP3 spokesperson Pernilla Klein said the fund had begun looking for a replacement.
“We hope to finalise the recruitment process as soon as possible,” she said.
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