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AP3 – Swedish national pensions buffer fund
AP3 has appointed
ö
rklund as its new head of alternative investments. Björklund is being promoted to the role from her current position as portfolio manager for international real estate and infrastructure at the pension fund. Björklund will replace
Bengt Hellstr
ö
m, who is stepping down from the managerial role after 20 years in the position. However, AP3 said Hellström would continue to work within the organisation until further notice.
Björklund came to AP3 in 2018 having previously worked for one of Sweden’s largest pensions providers AMF as portfolio manager within alternative investments – primarily working with infrastructure, according to AP3. The Stockholm-based buffer fund said she would take up her new role on 1 February.
A quantum leap for climate action : UK pledges to end support for overseas oil and gas projects
Prime Minister announces UK will cut off all taxpayer support for new overseas oil, gas, and coal projects ahead of COP26, in move that has been applauded by campaigners, economists, and opposition parties
The government has pledged to stop direct financing of overseas fossil fuels projects, bowing to years of pressure from campaigners who have argued the UK s continued financing of oil and gas projects.
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