Swedish inquiry proposes scrapping AP7 unit behind Heimstaden bets; Lyxiga pact risk remains

A Swedish government investigator recommends abolishing the Pensions Agency unit responsible for the billion-dollar Heimstaden Bostad investments, citing governance failures. The proposal aims to strengthen Swedish pension management, but the controversial shareholder agreement with Norwegian majority owner Ivar Tollefsen could complicate unwinding. The outcome affects Swedish pension fund exposure and potential market implications for Heimstaden.