Alecta poaches Skandia CIO for new real assets chief role

first_imgThe appointment of Brändström is part of an organisational change at the Stockholm-based pension fund, involving the creation of a Real Assets department, which will be sub-divided into International Real Assets and Real Estate Sweden.Lena Boberg has now been appointed as Alecta’s new head of Swedish real estate, and is coming to the company from her most recent job of chief executive officer at ICA Fastigheter.Meanwhile, Frans Heijbel will continue to lead International Real Assets.Boberg has been CEO of Västerås-based property firm ICA Fastigheter since 2011, having joined the firm in 2007. Her previous jobs include that of chief financial officer of Skandrenting AB, and one of her current roles is supervisory board member of Ancore Fastigheter, which is jointly owned by ICA and Alecta.Alecta told IPE that the pension fund’s real assets allocation – the vast majority of which is in real estate – had been growing over the last few years to around 10% in 2019 from about 7% in 2016.This development was the main reason for creating the new role of real assets chief, the spokesman said. Sweden’s biggest pension fund Alecta has lured Skandia Investment Management’s chief investment officer to switch sides and head up its rapidly-growing real assets operation, amid indications from the fund that the expansion of its property and infrastructure allocation has much further to go.Axel Brändström is set to join Alecta this month in the newly-created role of head of real assets, having worked at rival Skandia for almost 15 years, according to a spokesman for Alecta.The news follows the departure of Fredrik Palm, Alecta’s former head of real estate, on 25 September last year, and his temporary replacement by Danor Ghersinich, who had previously been responsible for the fund’s directly owned properties.Palm, who headed up the the SEK928bn (€88bn) pension fund’s real estate operation since 2013, left to start his own business.last_img read more

Historic World Family Declaration is Online – Sign Now

first_imgWorld Congress of Families 18 March 2014The World Family Declaration, an initiative of the World Congress of Families and endorsed by pro-family organizations across the globe, is now online at www.worldfamilydeclaration.org and available for electronic signature.“Never before has there been a universal banner uniting all peoples to rally in protection of the natural family, and never has it needed protection as urgently as now,” stated WCF Director of UN Affairs Doug Clark. “We have created the World Family Declaration to address that need and be that banner.”Opening with the words “We the people of many lands and cultures,” the Declaration is grounded in Article 16(3) of the Universal Declaration of Human Rights, which states, “The family is the natural and fundamental group unit of society and is entitled to protection by society and the State.”That language is echoed in 111 national constitutions, many of which repeat it verbatim while others describe the family in such varied terms as the “natural and moral foundation of the human community” (Niger) or “foundation of the nation” (Philippines), or as society’s “cornerstone” (Greece), “fundamental pillar” (Afghanistan), “basic institution” (Colombia), or “fundamental nucleus” (Chile).Speaking at the recent launch of the World Family Declaration at the ONE UN New York, WCF International Secretary Allan Carlson observed, “I applaud those nations which have placed language about protection of the natural family in their constitutions.  Endnote #3 of this Declaration provides a solid review of these provisions. Even if and when the actions of a government might stray from this principle, such a constitutional provision stands both as a rebuke and a summons for a return to good order.”“It is my hope,” continued Carlson, “that the World Family Declaration will play a significant role in rallying international attention again to the most important unit of society, the natural family.”Clark added, “Today we unfurl a banner to remind the world of the foundational and irreplaceable role of the family. In the words of the Declaration, ‘We urge citizens, leaders, and people of influence everywhereto place as their highest priority the protection and strengthening of the family.’”http://us2.campaign-archive2.com/?u=71b5ff0a93830214b96a42bf6&id=673255cfdf&e=0fb7d3bc0blast_img read more