Pressens Pensionskassa, Stockholm, hired Carnegie Asset Management to...

Pressens Pensionskassa, Stockholm, hired Carnegie Asset Management to run an active Nordic equity mandate, a new allocation, said Tomas Lindstrand, head of investments. The 6 billion kroner ($580 million) pension plan for Swedish journalists initially will allocate 100 million kroner but could increase it later, he said. Funding comes from cash.