SWEDEN - Sweden's Sjunde AP-fonden (AP7) has placed SEK2.5bn (e266m) in fund of hedge fund briefs managed by EIM and K2 Advisors on a watch list due to underperformance and in EIM's case, additional concerns over "inaccurate reporting".
AP7 executive vice president Richard Grottheim cited administrative issues, adding: “Some of [the EIM reporting] has been delayed and inaccurate, but if that becomes better, and the return is impro...
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