Landstinget Västmanland

The Swedish public health care and pension fund managed by Fredrik Holst was in trouble even before the first rumblings of a global credit crisis.

The Swedish public health care and pension fund managed by Fredrik Holst was in trouble even before the first rumblings of a global credit crisis. Now, after a year in which the fund has seen one of its managers implode and its own liabilities soar because of a weak economy, Holst is pulling out of hedge funds to try to contain the damage.

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