Anders Olsson was named head of equities at the 152 billion Swedish kroner ($22 billion) AP3, Stockholm. He will join the fund "sometime next year" and replaces Magnus Eriksson, who left AP3 in October, said Pernilla Klein, spokeswoman for the fund. Mr. Olsson was responsible for managing the European Equity Hedge Fund and the International Fund for Nordea Financial Institutions, according to a statement from AP3. Nordea officials could not be reached for comment by press time.
Kerry Duffain was appointed head of investment consultant relations in Europe at Pioneer Investments. It is a new position. She was head of consultant relations for Europe, Middle East and Africa at Citigroup Asset Management. Citigroup officials did not return calls requesting information on a replacement for Ms. Duffain by press time.