SEK 12 billion. This is how much Alecta has lost so far on investments in the American niche banks. – These two investments can in principle be regarded as… that there is not much value left, says Jacob Lapidus, press manager, Alecta. After Alecta’s billion losses, the company held a crisis meeting on Monday morning. When the meeting ended, press manager Jacob Lapidus responded to the criticism that had been made. He announced that the loss so far is SEK 12 billion, but points out that they manage over SEK 1,000 billion in total. – It is about SEK 12 billion, it is a lot of money, but as a share of an individual saver’s capital, it is little, he says. At the same time, he also admits that the situation their investments have put them in is serious. – It is serious. Our mission is to create as much value as possible for the occupational pension and then you don’t want to make investments that go this way, he says. How your pension is affected According to Jacob Lapidus, the year 1979 is a watershed that will distinguish losers from other investors at Alecta. Savers born in 1979 or later will eat the lion’s share of the loss. – We have two types of customers and it is about different agreements depending on when you were born. Those who have retired and who will retire in the next 20 years, for that group the impact is extremely marginal, he says and continues: – Then there are the savers born in -79 or later and there the future payments are affected by how much money is deposited and what the return looks like. It will have an impact on the return for them this year. Alecta will now manage the investments at the moment when the banks are to be taken over by American authorities. At the same time that they must now analyze whether the investment should have been made from the very beginning. – We need to look at how we have done this analysis. How has it been? Why has it gone the way it has? There are two parts where you need to be careful with the savers’ money here and now and then of course self-critically look at what we could have done differently, says Jacob Lapidus.
t4-general
Alecta after the billion-dollar hit: “It’s serious”
