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AP2 CEO's 'Take Over' Plan Leaked Amid Fund Conflict, per Dagens industri
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Dagens industri
Photo by Markus Winkler on Unsplash
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Key takeaways
- A dispute between Swedish pension funds Andra AP-fonden (AP2) and Sjätte AP-fonden (AP6) is intensifying, according to Dagens industri
- Accusations have surfaced alleging that AP2 is seeking to eliminate AP6
- A leaked video reportedly captures AP2 CEO Eva Halvarsson characterizing a potential merger of the funds as a "take over
A dispute between Swedish pension funds Andra AP-fonden (AP2) and Sjätte AP-fonden (AP6) is intensifying, according to Dagens industri. Accusations have surfaced alleging that AP2 is seeking to eliminate AP6. A leaked video reportedly captures AP2 CEO Eva Halvarsson characterizing a potential merger of the funds as a "take over." The recording also contains Halvarsson referring to the government's appointed investigator as "powerless" and conceding that she would retract her statements if questioned by the press.
Separately, Dagens industri reports that Nordnet has launched a service becoming the first major Swedish platform to offer pre-market trading of U.S. stocks. This new feature enables clients to trade on the NYSE and Nasdaq from 13:00 Swedish time. A Nordnet investment coach stated that this provides investors with increased opportunities to respond to breaking news promptly. However, the coach cautioned about inherent risks, citing reduced liquidity, wider spreads, and greater price volatility due to lower trading volumes during pre-market hours.
Related Topics
AP2AP6Eva HalvarssonNordnetpre-market tradingSwedish pension fundsAra MustafaShareville
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