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AP7 CEO ready to lead more lawsuits after Facebook victory

Sweden’s AP7 pension fund hails its part in a major victory for shareholder power, as internet giant Facebook is forced to back down on plans to issue a new voteless class of share. CEO Richard Gröttheim tells AMWatch why it’s important to go to court to be an active owner, and says his fund would do it again.

AP7 was part of an shareholder group that forced Facebook to abandon plans for voteless shares.

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"I was born and raised in an entrepreneurial family…”

Career Path: Erika Lundquist has just returned to Stockholm from Luxembourg to take over as SEB’s new head of private banking. She tells AMWatch how her early experiences of studying abroad helped her integrate in the Grand Duchy.

Norway's KLP adds to development investments with Egypt solar deal

Norwegian pension fund KLP has now joined forces with other partners to put pensions kroner into six solar power plants in Egypt with total capacity of 400MW. The Oslo-based municipal pensions provider, which already has more than NOK 1 billion committed to international development, expects a good return on the public-private deal.

...and more about people

Danske Bank CEO becomes deputy chairman of national industry group, Pareto hires new real estate expert, as does Brunswick Real Estate.

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