Swedish insurer loses top manager to AP1

A manager handpicked from AP7 four years ago is now the third to leave the insurer's organization in one year.

Anette Dahlberg manages SEK 17bn at Länsförsäkringar but will be responsible for triple the amount at AP1. | Photo: PR / Länsförsäkringar

Swedish insurance company Länsförsäkringar's mutual funds unit is losing a top equity manager in the summer. Anette Dahlberg, who is responsible for the fund Sverige aktiv with SEK 17bn (EUR 1.7bn) in assets under management is leaving in July to join the First National Pension Fund (AP1), writes Dagens Industri.

Dahlberg was recruited by Länsförsäkringar in 2017 from AP7, when Länsförsäkringar was finalizing the set-up of its internal management unit for domestic equity funds. Prior to that, the insurance company used external managers.

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