SWEDEN - Pension funds and life companies, which are on average significantly overweight in mortgage bonds, look set to sell off the assets and buy long dated euro bonds on the back of the revised "traffic light" solvency tests unveiled by the Swedish Financial Supervisory Authority (SFSA) in October.
Johan Elmquist (pictured), vice president, business development executive, Nordic region, at T.Rowe Price, said the revised model could also trigger corporate bond issuance in Sweden. The new mo...
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