Swedish AP4 Cuts Lifco Stake Below 5% Voting Threshold

Sweden's Fourth AP Fund reduced its stake in industrial conglomerate Lifco to just under 5% of capital and 3.1% of votes, per a flagging notice. This marks a notable reduction in a long-term institutional holding, potentially signaling portfolio rebalancing or governance concerns. The move is routine for a pension fund but may attract attention given Lifco's prominence in Swedish equities.