SWEDEN - Following poor 2007 annual returns, the fourth AP fund (AP4) has confirmed its head of global equities and head of fixed income and currency have quit.
The fund which only managed a 2.4% return last year has changed the structure of its global equities investment from a sector to a passive approach in the interim period until replacements are foun...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
