AP3 equity chief leaving Swedish fund

Magnus Eriksson, head of equities management at AP3, Stockholm, will leave the 151.9 billion krona ($20.85 billion) fund to become an investment manager at MGA Holdings, according to a statement by Pernilla Klein, communications manager, posted on AP3's website at www.ap3.se/en. Mr. Eriksson has been with the fund since 1999. Officials at MGA Holdings could not be reached by press time; Ms. Klein did not return a call by press time seeking details.