Sweden's largest pension fund has lost billions of dollars investing in US banks

A small note: Alecta is a private pension fund (tjänstepension). Public pension funds are unaffected as far as I know

As a software engineer working in Sweden my current pension savings (after the losses) are about 55% public pension (allmänpension) and 45% private pension (tjänstepension, most of which is with Alecta). I don't have a way to check how much I personally lost on this though.

Meaning that this will affect the higher income working class more, the people who have private pensions from their employers.

Link to the actual news, article:

https://www.reuters.com/business/finance/swedens-alecta-repl...

Is it just me or do reuters links just go to the homepage? (I'm on iOS with Wipr installed for ad blocking)

I’m on IOS as well and it’s not just you. I got linked to the homepage as well.

https://archive.is/lDg3B

If I'm reading the table right that's 12B of exposure out of ~1T in assets under management?

That's correct.