The recent U.S. banking ataxia has not just had effects on smaller and local institutions, and cryptocurrency exchanges, but also on investors and asset managers around the world.
One of these investments was the Seventh AP Fund (AP7) out of Sweden. According to the official government website for Sweden, the Seventh AP Fund “manages funds in the premium pension system, including the default alternative for premium pension savers who have not made an active choice.” It is owned by the state Riksdag.
Roughly 5 million Swedes have their premium pension in AP7.
Apparently this pensioner had funds tied-up in three U.S. collapsed banks: Silicon Valley Bank (SVB), Signature Bank, and First Republic. SVB, due to it’s location in Silicon Valley, California, tended to invest and lend to a lot of start-ups such as those that promoted more “green” projects, though certainly not limited those types of portfolio investments.
Be it so, AP7 has shown that they too make similar investments. According to a post by the pension firm in May of 2022: “In connection with an investment in the sustainability area, AP7 is looking for a Portfolio Manager for the fixed income portfolio with a focus and interest in Green Bonds. With us, you get the opportunity to work for one of Sweden’s largest asset managers. Together with experienced colleagues in the asset management area, you work to create a good and secure pension for premium pension savers in AP7.”
Regardless, AP7 did not pull its funds in time before the collapse and the FDIC took it over.
According to Swedish outlet Aftonbladet, ‘investments in the three niche banks totaled SEK 666 million (US $62,805,798.00) at year-end, in this context a modest sum as the value of the equity fund amounts to approximately SEK 885 billion ($83,458,155,000.00).’
Our entire management strategy is based on diversification and we have shares in just over 3,000 different companies.
Johan Florén, Head of Communications at the Seventh AP Fund, explained
As explained by Aftonbladet, ‘For those who have pension savings in the Seventh AP Fund, the money is continuously transferred to generally safer fixed income funds the older you become. For those up to the age of 55, 100 percent of the savings in equity funds are saved, while for 65-year-olds 33 percent are saved in fixed income funds. For 70-year-olds, savings are equal between equity and fixed income funds.’
But AP7 were not the only Swedish investors left holding the bag.
According to Bloomberg, the largest pensioner based in Stockholm, Alecta, also money invested in Silicon Valley Bank, First Republic Bank, and Signature Bank.
Alecta oversees more than $104 billion in assets was also SVB’s 4th largest shareholder at the end of last year with a holding worth $605 million, per the data tabulated by Bloomberg. The value of the stake on Thursday fell to $279 million after SVB’s tipped by 60%.
‘Alecta is the fifth largest shareholder in First Republic Bank, a position it added to toward the end of last year, and the sixth biggest owner in Signature Bank,’ Bloomberg added.
The holding represents less than 1% of our assets and will not impact our solvency metrics.
Said Alecta’s head of communications Jacob Lapidus, who confirmed the pension fund has added to its SVB holding since it became a shareholder in 2019.
AUTHOR COMMENTARY
What a ‘nice’ number worth of investments, wouldn’t you say?
Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
Revelation 13:18
Western banks and institutions are all interconnected, and a lot of European investors have money tied-up in American firms, and vice-versa. If America sneezes then the rest of the world catches the cold.
But as I have been saying, the collapse of these banks (starting out with SVB) was clearly premeditated, and it is hard not to notice the number of investments these Swedish pensioners had doled up.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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Jacob why would they be collecting rain water and mixing them with chemcials and turning into waste water and the pumping it back into the earth?
i attached a video time stamp 48:07
https://m.youtube.com/watch?v=Q3tjr8MDraQ
I have no idea what the officially answer is, but it’s probably their way of quick disposal. Time and money.
ooohh you mean quick disposal of harsh chemicals? my first thought was they are trying to destroy the earth or polluting it and or the water underneath.
666 …..what a coincidence. Who suspects with me that the Jesuit evangelical confederacy & corporatists are running a fake antichrist fulfillment that they’re set to ‘fix’, & folks will buy it as ‘Christian’?
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This sort of set-up of small banks doing ‘green’ set-up’s….now a great property bail-out & transfer? Like Mannerino was saying, the big banks will pick up what’s truly worth something selectively & for a song, while the public ends up holding the bag with what’s worthless….and how much of that was Swedish & Chinese ‘green’ investment?
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That’s starting to sound familiar. Like all those useless & abandoned solar arrays & windfarms, ‘green’ biosludge full of forever chemicals, that don’t work, target naive & overly trusting ‘organic’ and ‘regenerative’ private farmers, & make the land unfit for any agricultural use….public-private projects already having transferred millions of dollars, & this just a continuation.
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Noting the ‘green’ and bitcoin things in this mix….how convenient for the ‘fix’ for this ‘fall-out’ to be ‘the’ centralized & monopolized ‘green’ & cbdc that the REAL antichrist head & machine desires in the first place? Policy causing craft to prosper in their hands for now, but in ‘his’ hand down the road.
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Their propaganda reporting flashing their signs and fake prophetic markers all over the place, playing the dialectic Russia/China game as though it weren’t all of the antichrist philosophy of Jesuit-cultivated Marxism, the U.N. and Vatican. Don’t forget Avro Manhattan & Rome’s part in the establishment of the US dollar as the world currency in the first place, who plays men like Hitler, Rockefeller, Morgan, Gates, Musk, Trump etc like pianos, like chess pieces on the world’s chess board for the world’s spirit: she’s done some insanely successful historical revisionism in that regard in the world’s eyes, & the whore MYSTERY is moving on to new preferred partners…. always vile, always conniving & always for sale. Proverbs, Rev 17&18, 1 Timothy 6 KJB.. James.
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This is going to draw in the Psalm 83 and Ezekiel 38 confederacies before all is said & done, removing the US as puppet of first choice, sold out by transformative, ‘consciously’ evolving traitors within all of her institutions & made possible by the apostasy of those of this age following the errors of the Jews before them, falling to philosophy & traditions of the world & its Luciferian idolatrous humanism. With the kings of the East…China, Korea, India right behind them.
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It’s disgusting & frustrating to watch as all the worldlings’ propaganda ministries put their spin to it, supposedly ‘exposing’ and ‘bringing to judgment’ blah, blah, blah, blah….dancing all around the whole truth …..& even the pure word with their fake prophetic & fake ‘bibles’: but God is not mocked, & his word has so truly prophesied these things as the Lord gives them over to their desire & great delusion, gathering many to judgment & against the Lord’s people & his word as written & evidenced now & throughout history for those with eyes to see & ears to hear, proving all things.
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Many destroyed by peace in the meantime….healing the hurt slightly with their lies, policy and cunning craftiness by which they seek to deceive, to steal, to destroy & to kill. The diabolical sodomite Keynes was huge in the set-up of a lot of these things, & Aleister Crowley & his whole crowd…but all you hear about now are ‘Rockefeller’ and ‘the Jews’.
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Daniel 8:25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes; but he shall be broken without hand.
Wow. I’ll try again in the morning….just disappears detailed comment. Daniel 8:25 and a big fat fake of it being run right now & as property transfers to the ‘savior’ that will turn out to be the real antichrist.
oh thats happened to me many times too and its always been because the filter spam detects too many periods back to back like thes scammer that come here advertising work from home scams and the spam detector also blocks the word L i n k
Thanks, Magnolia. I’ll try to watch the ellipses. European English doesn’t like my punctuation either! Now we’ve to deal with AI and spam blockers, too. Came back to comment & saw my original up (sorely wanted to insert an ellipse there…lol!), guess it’s more like a tic with me than I realized.
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Not sure what you observed with chemical disposal, but my guess would be along the lines of what Jacob said. They probably dilute it with rain-water to a ‘legal’ parts per million, then dispose. Using rainwater would mean they don’t pay water & sewer treatment fees on it either.
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Some of the aging chemical plants my husband goes into taking care of their material handling equipment are downright scary, & they put them along rail lines & rivers for ease of transportation & use in their water treatment. They’re mostly foreign held now though they generally kept the old, or Anglicized, names to keep the illusion of sound economy, trade & jobs going with the public.
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I learned recently that what I thought were locally held railroads here in our part of Ohio aren’t either. One is linked in with a bigger company holding short-run railroads in 22 U.S. states, & the other actually has holdings in Europe, & until recently, in Australia. Not sure why, unless Australia socialized them, which wouldn’t surprise me. Fancy word for ‘stealing’ them, which folks like Maxine Waters have been chomping at the bit to do, & letting slip before it was common knowledge with the people that that was the end-goal, whether fascist, communist, or communitarian combo-corporate, ‘public-private’, blind holding company held ‘public’ property.
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Antichrist, antichrist, antichrist. John 10:10 The thief cometh not, but for to steal, and to kill, and to destroy: I am come that they might have life, and that they might have it more abundantly.
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Revelation 11:18 And the nations were angry, and thy wrath is come, and the time of the dead, that they should be judged, and that thou shouldest give reward unto thy servants the prophets, and to the saints, and them that fear thy name, small and great; and shouldest destroy them which destroy the earth.
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More of bearing the cross before the crown, I fear, for God’s people. While those proud & unrepentant, without the word & Word, inseparable, will join the violent crusaders & the profits prophets with their policy & craft prosperity, lying signs & wonders, deceiving & being deceived….and calling it ‘Christian’. 1 Thessalonians 5.