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alecta

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sweden

Sweden's biggest pension fund Alecta had its $609 million investment in SVB drop to just $279 million

Per CNBCTV18 Alecta, Sweden's biggest pension fund, has lost money on Silicon Valley Bank. The fund's initial investment was $609 million, but after the bank collapsed, it was worth just $279 million. Aleca reportedly oversees assets worth over $104 billion, and in 2022, the fund decided
14 Mar 2023 1 min read
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